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.
As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
A new highway project in Nepal will benefit from a loan provided by the Asian Development Bank (ADB). The loan is worth nearly US$187 million. It will be used to help upgrade the country’s East-West Highway. In addition, the loan will will also be used to improve other key sections of Nepal’s road network. Key stretches of the 45km Bhairahawa-Taulihawa road as well as the 115km Narayanghat-Butwal road will be upgraded. Separate funding from the ADB will pay for technical assistance to Nepal’s Department of
The World Bank is providing funding to Vietnam to upgrade road and bridge links, as well as flood control and sanitation.
The Local Bridge Construction and Road Asset Management operation is worth $385 million. It will improve access to roads, while transport costs for road users in participating provinces will be decreased. A total of 2,174 small bridges will be built or rebuilt to boost links to isolated and impoverished communities in 50 provinces across the country. This project will be worth $245.5
