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.
After a series of delays a key project to construct a new tunnel connection in Nepal is now moving forward. The country’s Department of Roads is inviting bids for the Ngdhunga Tunnel project, which comes with an estimated pricetag of US$182 million. Around 75% of the necessary funding is being supplied by the Japan International Cooperation Agency (JICA) in the shape of a loan with a 40-year repayment period. The project for the Ngdhunga Tunnel involves building a 2.45km tunnel section between Basnetchhap a
Nearly a third of Sri Lanka’s new US$11.5 billion transport master plan will be spent on road development in and around the capital Colombo.
The plan, unveiled by the Western Region Megapolis Planning Project (WRMPP) – covers the next 20 years. Work will start on the first projects withinsix month, according to a report by the Daily Mirror newspaper.
The other two-thirds will be spent on a light rail transit system, railway electrification, bus modernisation and inland waterways.
The project is to
