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 number of key road improvement projects are underway in Nepal at present, with funding from Kuwait and Japan amongst the outside source helping pay for the work.
A new stretch of highway is now open to traffic in Nepal. The Nepalthok-Khurkot Road recently had its official opening. Some US$46.2 million was spent on the section of highway, with much of the funding being provided by the Japanese Government. The Nepalthok-Khurkot section of road forms part of a larger project and is Phase 3, Part-I of the Banepa-Sindhuli-Bardibas BP highway.
Financing worth US$238 million has been secured for planned road upgrades and improvements in Nicaragua. The funding comes in the shape of a loan from the Central American Bank for Economic Integration (CABEI). The upgrade works will be carried out to just over 194km of roads across the country. These works form part of the Nicaraguan Government’s VII Road Improvement and Renovation Programme. Meanwhile a further funding package worth $1.4 million from CABEI will help pay for various studies for Phase I of
