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.
Roads in Tanzania will be upgraded with funding from Japan and the African Development Fund (AfDF). The US$80 million of funding will be used to improve roads in Mtambaswala, Tuduru and Mangaka, and between Bonga and Mayamaya. The road rehabilitation work is expected to help boost transport demand by a factor of four by 2030. The development follows the Comprehensive Transport and Trade System Development Master Plan prepared by Japan.
Construction work is well underway for Colombia’s Autopista Mar 1 motorway project. The route is due for completion in 2022, connecting the country’s Caribbean and Pacific coasts through Medellin. The project includes construction of the Tunel de Occidente. A finance package worth US$713 million in the shape of loans from eight banks is helping fund the project.
Work is also ongoing for the Conexio Norte routelinking Remedios with Caucasia. This project should be complete by 2021.
Meanwhile the Via del Nu
Bidding is opening on a major new highway project in Tunisia. The country’s works ministry is launching an international call to tender for construction of the 180km highway linking Gabès, Médenine and Ras Jedir. Work is expected to last three years and will create 2,000 jobs. The project, which will be completed at the beginning of 2017, is expected to cost over US$631 million in total. The Gabès-Médenine stretch is expected to cost $ 347 million and will be financed by the Tunisian State and the Japanese
