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.
Financing for a 240km toll road project that will connect Padang with Pekanbaru in Indonesia still needs to be finalised. A combination of loans from the Japan International Co-operation Agency (JICA) and PPP funding is expected to pay for the project. In all the project is expected to cost US$2.63 billion, with construction work intended to start in 2018.
A new road tunnel in Nepal will provide a key transport link from the country’s capital, Kathmandu. The 2.5km tunnel will be Nepal’s first and should help cut traffic congestion in the Thankot Pass, which lies to the west of the capital.
