Skip to main content

Sri Lanka expressway funding solution

Sri Lanka’s of Central Expressway project is well underway, with Phase II now being planned, Funding worth close to US$154.4 million is being delivered jointly by the People's Bank and the National Savings Bank in the shape of loans. The Section II of the project will measure nearly 40km in length and will run between Meerigama and Kurunegala. As much of this section of the route is on comparatively flat terrain, the work is expected to be less challenging from a technical viewpoint than other stretches pla
February 7, 2017 Read time: 1 min
Sri Lanka’s of Central Expressway project is well underway, with Phase II now being planned, Funding worth close to US$154.4 million is being delivered jointly by the People's Bank and the National Savings Bank in the shape of loans. The Section II of the project will measure nearly 40km in length and will run between Meerigama and Kurunegala. As much of this section of the route is on comparatively flat terrain, the work is expected to be less challenging from a technical viewpoint than other stretches planned.

Related Content

  • Inter-oceanic Corridor for Brazil-Bolivia-Chile
    March 2, 2015
    A new Bolivian link is playing a key role in a major Latin American highway – Mauro Nogarin reports. Construction of a new route through Bolivia will help deliver improved transport between Latin America’s Pacific and Atlantic coasts. The construction of the highway between Santa Barbara-Caranavi-Quiquibey has been carried out by the consortium ARBOL. This firm is a partnership between the Argentinean company Grupo Eling and Administradora de Caminos Boliviana (ABC). The stretch of highway is an important s
  • Korean bridge construction poses challenges
    February 23, 2012
    On South Korea's southern coast, an innovative highway sea crossing is providing many engineering challenges
  • Korean bridge construction poses challenges
    April 5, 2012
    On South Korea's southern coast, an innovative highway sea crossing is providing many engineering challenges The new Busan-Geoje crosses from South Korea's second city to its biggest island and is slightly shorter than the 12km of the country's famous Incheon project. In addition the main cable stay bridge for the Busan-Geoje project has a 475m span rather than the 800m of the Incheon central span. However the 8.2km Busan-Geoje project faces perhaps greater technical challenges and also includes a second b
  • Lithuania loan; funding found for road reconstruction
    September 29, 2016
    Plans to upgrade the Vilnius to Utena highway in Lithuania will now go ahead following the securing of a loan to help pay for the project. The €40 million loan is being sourced from the European Investment Bank (EIB). The loan will be for a period for 12 years, with guarantees being provided by the European Fund for Strategic Investments (EFSI). In all, the work to upgrade the 72.15km A14 route between capital Vilnius and Utena will cost close to €91 million, with the Lithuania Road Administration (LRA) pla