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.
In Russia an additional investment worth close to US$30 million is required to complete work on the new Kirovsky Bridge in Samara. However, the authorities in the Samara region have revealed that there is a problem with regard to financing the construction work. The funds from the 2015 regional budget are insufficient to pay for the remaining portion of the work. As a possible solution, the authorities in the Samara region are looking to the Russian Federal Government to provide the additional funds require
The contract for a key road project in Zambia has been awarded, which will help improve its international connections. Worth US$210 million, the project involves upgrading the existing M3 route connecting Mwenda with Kashiba. The 98km road upgrade will help increase safety and capacity and will boost transport connections between Mwenda and Kashiba, both of which are in Zambia’s western Luapula Province, as well as with the Democratic Republic of Congo just over the border. Heading eastwards meanwhile, the
