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.
Construction work for the second stage of the Chusovaya Bridge in Russia is commencing. The contract for the project is being handled by construction firm Stroytransgaz. The new bridge will span the Chusovaya River in Russia’s Perm Region. The contract is worth US$260.3 million and was awarded by a division of the VTB Group, the Perm Concession Company. Financing is being supplied jointly by regional and federal budgets as well as from additional sources.
Funding for new bridges that will improve transport links between Myanmar and neighbouring India will be provided by India. The funding will pay for the construction of 69 highway bridges across Myanmar. The work on the bridges is expected to be completed in the middle of 2019. The rebuilding of the Kalewa-Tamu-Kyigone route will cost some US$56 million and will improve transport and freight connectivity between both nations. The new road section will also be part of a proposed bus route between Mandalay, M
The European Investment Bank (EIB) looks likely to grant Poland a loan of €1.6 billion to carry out several key infrastructure projects. Some of the money will be used to finance the A2 highway from Lodz to Warsaw; Warsaw's southern ring road and a 50km section of the A4 highway to link with Germany.
