Major highway upgrade planned in Sri Lanka

In Sri Lanka work is planned for a major highway upgrade project. The work will see a 151.3km stretch of the A5 highway being widened and improved in a deal worth some US$140 million. The work is being planned by Sri Lanka’s Government and is for the stretch of A5 between Badulla and Chenkaladi. Improvement work on the Peradeniya-Badulla section of the A5 highway has now been completed and this latest project is the next phase of the A5 upgrade. The project is being partly financed by the OPEC Fund for Inte
August 11, 2014 Read time: 1 min

In Sri Lanka work is planned for a major highway upgrade project. The work will see a 151.3km stretch of the A5 highway being widened and improved in a deal worth some US$140 million. The work is being planned by Sri Lanka’s Government and is for the stretch of A5 between Badulla and Chenkaladi. Improvement work on the Peradeniya-Badulla section of the A5 highway has now been completed and this latest project is the next phase of the A5 upgrade. The project is being partly financed by the 1561 OPEC Fund for International Development (OFID) and the 2818 Saudi Fund for Development (SFD).

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Bolivia highway project awarded to Chinese firm
    June 8, 2018
    A Chinese contractor, Sinohydro, is now commencing a major highway project in Bolivia.
    Read More
  • Many Moroccan motorway projects now in hand
    November 11, 2014
    Morocco’s Casablanca-Rabat motorway accounts for almost 20% of motorway tolls in the country, generating US$25.16 million for Autoroutes du Maroc (ADM) in the first half of 2014, a growth of 4.1% from the previous year. With relatively low maintenance costs (mainly used for widening the road) the Casablanca-Rabat motorway is ADM's most profitable route. The 76km route is travelled by 51,000 vehicles/day, far higher than any other motorway. The Berrechid-Agadir motorway (which includes Berrechid-Marrakesh an
    Read More
  • New tolled highway plans for Indonesia
    November 1, 2012
    The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.
    Read More
  • Safety for Sri Lanka
    April 19, 2012
    Sri Lanka is struggling to deal with a road safety problem that is crippling and killing large numbers of its citizens. In the past three decades over 40,000 people have been killed and 68,440 seriously injured in 1,120,848 road mishaps in Sri Lanka according to official reports. Unreported accidents mean that the actual figures may be far higher however. Young people face particular safety problems in the country and in 2011 225 schoolchildren were killed in road accidents while 4,100 others critically inj
    Read More

Highlighted Content