Japanese funding will help pay for the construction of a key bridge link in Sri Lanka. The Japan International Cooperation Agency (JICA) is providing a loan worth US$292.14 million for the bridge project. The new link will span the Kelani River.
October 12, 2015
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Japanese funding will help pay for the construction of a key bridge link in Sri Lanka. The Japan International Cooperation Agency (JICA) is providing a loan worth US$292.14 million for the bridge project. The new link will span the Kelani River.
A new 3km long bridge is planned for Yakutsk in Siberia. This bridge will cross the River Lena and is at present expected to cost some US$1.74 billion to construct. The tender process for the project was initially to be held until the end of 2013. The timing of the tender process for the two lane bridge will now be announced in due course. Design and construction is expected to take six years once the contract is signed. Drivers will not pay tolls to use the bridge and instead the investor will be paid fees
A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe.
The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30-year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
The Windsor-Detroit Bridge Authority and other agencies involved in the US$4.25 billion Gordie Howe International Bridge have pledged millions of dollars in community support.
WDBA, contractor Bridging North America, the US state of Michigan and the federal Canadian government announced the support plan, which involves more than 30 agencies and organisations, according to a report by the Canadian Broadcasting Corporation.
The plan includes a $15 million Neighbourhood Infrastructure Strategy for both s
