Skip to main content

Kuwait Fund loans Sri Lanka US$35m for bridge reconstruction

Kuwait Fund for Arab Economic Development has awarded a loan worth nearly US$35 million to the Sri Lankan government for reconstructing 25 deteriorated road bridges. The bridges include three in Southern Province, four in Sabaragamuwa Province, nine in Western Province, three in Northern Province, five in North Western Province and a bridge in Eastern Province. The loan comes after the Ministry of Highways, Ports and Shipping sent out an invitation to bid in October, covering eight bridges along the
December 11, 2014 Read time: 2 mins
1006 Kuwait Fund for Arab Economic Development has awarded a loan worth nearly US$35 million to the Sri Lankan government for reconstructing 25 deteriorated road bridges.

The bridges include three in Southern Province, four in Sabaragamuwa Province, nine in Western Province, three in Northern Province, five in North Western Province and a bridge in Eastern Province.

The loan comes after the Ministry of Highways, Ports and Shipping sent out an invitation to bid in October, covering eight bridges along the national road network in the Northern Province. Two of bridges will be on the A009 Kandy to Jaffna road.

3260 World Highways %$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 14590 0 oLinkExternal reported in October last year Visit &quot;New bridge project for Sri Lanka&quot; Page false /categories/road-highway-structures/news/new-bridge-project-for-sri-lanka/ false false%> that a bridge costing around $321 million will be built across the Kelani River. The 415m bridge is expected to take three years to construct and is being funded by the 2416 Japan International Cooperation Agency, which is also funding the design and feasibility studies. The 145km river flows from the Sri Pada Mountain Range to the capital city Colombo, where it supplies around 80% of water for the inhabitants.

Related Content

  • RDIF chief Dimitriev considers Arab partners for Moscow ring road
    October 16, 2014
    Arab partners have been secured as co-investors for construction of the third and fourth phase of Moscow’s Central Ring Road, Russia’s Interfax news agency reported. Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF), made the announcement earlier this month during a meeting of the State Council's presidium in Novosibirsk, chaired by president Vladimir Putin. Dmitriev did not name the Arab partners but said they “have confirmed their desire” to invest in the third and fourth phases.
  • New elevated highway project for Sri Lanka
    October 1, 2018
    Work now looks ready to move ahead for an elevated highway project in Sri Lanka’s capital Colombo. Funding has been secured in the shape of a loan worth US$300 million from the Asian Development Bank (ADB) to help carry out the work. In all the work is expected to cost $360 million and involves building a 5.3km section of elevated highway. This new elevated route will be tolled for users when complete and will connect the new bridge spanning the Kelani River, which itself is due for completion in 2020
  • VIDEO captures unloved, unowned Reynolds Bridge reduced to rubble
    May 18, 2015
    There was a big bang in a small town in the US state of Pennsylvania this month when a fragmentation explosion brought down the 100-year-old Reynolds Road Bridge. It was the end to the unloved bridge near Factoryville, population around 1,500. Factoryville is notable for a lack of factories ever since the one and only plant, a wool-into-cloth factory, closed down several years after it opened in the 1800s. Local residents were not sorry to see the felling of the 40m long, reinforced concrete arch deck
  • Montreal’s Champlain Bridge opens but late and over-budget
    June 27, 2019
    Montreal’s US$3.5-billion, 3.4km-long Samuel de Champlain Bridge has opened after four years of construction and months of delays, according to Canadian media reports. Work is continuing on the cycle and pedestrian paths and eventually a light-rail train will run down the middle of the six lane bridge over the St. Lawrence River. The new structure has a life-span of 125 years and runs alongside its namesake Champlain Bridge, a steel truss cantilever that opened in 1962 which will be demolished. Accord