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
Read time: 1 min
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.
Laos is seeking funding assistance from sources in Thailand to help pay for a 1.35km bridge project spanning the Mekong River to connect the two countries.
A new road upgrade project in India's Bihar State is now moving ahead, forming part of the country’s highway expansion programme. The US$138.4 million contract will see the NH 82 link running from Gaya to Biharsharif being widened to four lanes. Funding is being provided by the Japanese Cooperation Agency (JICA). The contract for the project will be handled by local company Gaytri Projects. The deal was awarded to the contractor by the Ministry of Road Transport and Highways and Bihar State Road Development
India's Government is continuing with its huge highway investment programme, with the Indian Road, Transport and Highways Ministry planning to announce US$15.66 billion worth of contracts in the 2011-2012 period.
The Japanese SE Group is working on a new road project in Vietnam. The 25km highway is costing some US$476 million to construct, with some 60% of the funding coming from the JBIC Bank and SE Group providing around 20%. The rest of the funding will be provided by official development assistant capital. This new road will provide a link from the city of Halong in Vietnam's Quang Ninh province to the Hanoi-Haiphong highway project.
