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.
Funding is required to pay for a series of road upgrades in Australia’s Tasmania State. According to the Australian motoring group, Royal Automobile Club of Tasmania (RATC), some US$1.06 billion (S$1.4 billion) is required for the work. RATC has asked the Tasmania State Government to provide the funds necessary for the work. Key projects include replacing the Bridgewater Bridge and upgrading the Midland Highway. These projects will cost $454.3 million (A$600 million) and $302.86 million (A$400 million) resp
A new bridge in Vietnam will be built by Japanese firm Sumitomo Mitsui Construction in a joint venture partnership with two local contractors. The 5.4km bridge will be the longest in Vietnam and the project is costing some US$347 million, with the Japanese company holding a 67% stake in the deal. The new bridge will connect Hanoi to the country’s new international port of Lach Huyen and the work also includes building a number of connecting roads. The bridge is due for completion in February 2017. The struc
A loan from the China Exim Bank will help pay for a new road project in Kenya. The loan is being offered to Kenya’s Government and is worth US$227.2 million, around 46% of the sum required for the whole 472km road project. The project is being handled in three phases, with this loan being sufficient for the first 192km stretch that will connect Kibwezi with Kitui, running through Mutomo. This first section will be constructed by Chinese contractor Sinohydro. The second stretch of the project will measure 16
Construction of a new bridge spanning the Newman River is being planned for the city of Grodno in Belarus. The plans call for a former rail bridge to be adapted to carry motor vehicles, as well as building new interchanges and connecting roads to existing roads. The project is expected to cost close to US$174 million, with a portion of the funding possibly being provided by China. The work will require a connection to the M6 highway as well as the R99 road. Further work for the city includes a new bypass an
