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 bridge will span the Uda River in Russia. This will be the third crossing over the river and will be constructed at Ulan-Ude in Siberia. The project is worth US112.8 million. Financing has yet to be finalised. The project will be carried out under the PPP model.
Plans are being drawn up for the Bulan Bridge project for Indonesia. This 5.6km long bridge is expected to cost US$871 million to construct. Funding worth $31.6 million is being provided by the Chinese Government to help kickstart the project. Construction will be carried out by China Road and Bridge, which has signed agreements with the local authorities in Indonesia for the project. The work will also include building road links to the bridge. The structure will connect Kalimantan and Tarakan.
Road construction, traffic management and transportation companies in the Ukrainian city of Lviv will get aid from the European Bank for Reconstruction and Development.
