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.
Chinese Construction Company (CCCC) has won contracts to build roads, a bridge and an interchange in Ethiopia. In all the deal is worth some US$132.5 million. The contract was awarded to CCCC by the Ethiopian Roads Authority (ERA). A key portion of the contract is for the construction of a new bridge spanning the Omo River. The deal also includes designing the Omo Kuraz sugar factory, as well as building a new interchange that will link the plant to the road network.
Chinese firms continue to handle key deals in Africa, with agreements now in place for major projects in both East and West Africa. In Ethiopia, China's MCC 17 Group will handle a US$53 million package of works for the Ethiopian Roads Authority. This deal is for the construction of a 91.6km section of road linking Mizan with Dima. Construction work is due to commence in August 2013 and the new road will connect with Addis Abeba. The road forms part of a 260km link that will connect Mizan to Boma in South Su
