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.
The World Bank is reducing its financing of projects in Ukraine until 2016.
The new cooperation strategy between the bank and the country's government follows a drop in financing through slow spending loans extended by the bank to the country.
The bank will provide US$150million for the Second Project for Exports Development in 2012. And Ukraine can also receive $1billion in 2013–2014, but both financing packages depend on development of economic reforms in the country during the following two years.
The
Plans are being made for a new bridge to connect Clarinda in Argentina with Puerto Falcon in Paraguay. The bridge will span the Pilcomayo River, the longest tributary of the Paraguay River and it will connect Highway 11 in Argentina with Highway 12 in Paraguay, close to its capital, Asuncion. The new bridge is needed as the current structure is over 50 years old and is becoming unable to cope adequately with traffic demands. Both countries will fund the construction of the new bridge, which will help to dev
