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.
Construction work is underway on a key bridge connection in Vietnam. The Cao Lanh Bridge is located in Vietnam’s Dong Thap Province and its construction is costing an estimated US$145 million. The bridge will span the Tien River and the link is expected to open for traffic in 2017. The structure is designed to carry six lanes of traffic, with provision also for cyclists and pedestrians. Once complete it will connect Lap Vo District with Cao Lanh Town. Funding for the bridge project has been provided jointly
Sri Lanka’s road deaths are increasing. Official data from the country’s Transport Ministry shows that 2,200 people were killed in road crashes in the period from January-September 2015. This is an increase of 349 over the same period for 2014. In all there were 36,050 road crashes in 2014 while there was a total of 2,440 deaths.
Uganda is seeking a loan worth US$500 million from China to help pay for road development projects. The loan is being requested from China’s Exim Bank by the Uganda National Roads Authority (UNRA). Should the loan be secured, it would help pay for improvements works to 580km of roads in Uganda. The new road links will help provide transport to the newly discovered oil reserves in Uganda’s Albertine Rift Basin.
Construction work on Indonesia’s Bekasi-Jakarta toll road has recommenced after a break of close to 20 years. The work on the 21km Bekasi-Jakarta toll road was originally started by Kresna Kusuma Dyandra Marga (KKDM), a consortium headed by state-run Waskita Karya, with a 60% share in the package. However work on the project was stopped in the late 1990s due to the Asian financial crisis. The deal for the link will see KKDM operating the toll road, which is costing US$600 million. State funds worth some $2
