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.
A funding package from Japan will help pay for road upgrade work in Ghana. The US$57 million finance package will be used to pay for works in Ghana’s Ashanti Region and in the Central Region. In the Ashanti Region work will be carried out on the Bekwai-Anhwia Nkwanta-Kumasi road links, boosting connectivity for the country’s copper mining sector. Meanwhile in the Central Region, work will be carried out on the N8 route from Yamoransa to Assin Praso, helping to develop the local economy.
US Transportation Secretary Anthony Foxx has revealed that a Transportation Infrastructure Finance Innovation Act (TIFIA) loan worth US$474 million will help pay for construction of the replacement for the current Goethals Bridge that connects Elizabeth, New Jersey with Staten Island, New York.
The Port Authority of New York and New Jersey (PANYNJ), which operates the bridge, estimates that more than $33 billion in regional goods passes across the bridge each year. An average of 74,000 vehicles/day cross t
A funding package has been secured that will help pay for a key road project in Nepal. The Asian Development Bank (ADB) is providing a loan worth US$180 million that will be used to help pay for widening work to an 87km stretch of the East-West Highway between Kamala and Kanchanpur. At present the route has just one lane in either direction but the upgrade will see the route being widened in a bid to boost capacity and safety, with two lanes in either direction. The project is being managed by the Nepalese
Key infrastructure projects planned by the government in Laos will help improve the country’s transport connectivity. Heuangsy Construction is to rebuild a 132km road connecting Xanakham with Hinheup in a deal worth some US$168 million signed with the government. The project includes building a new border checkpoint at Vang as well as work to 19 bridges, and links to the Road No13 North and National Highway No11. Another key project being funded by the Laos Government is the $13.75 million bridge over the M
