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

  • $878.6 million Thailand expressway development
    February 19, 2025
    $878.6 million is being invested in Thailand for expressway development projects.
  • STRABAG wins tricky Polish project
    March 21, 2012
    Austrian construction firm STRABAG has won a major road contract from Poland’s General Directorate for National Roads and Highways (GDDKiA). The deal is for the construction of a 40km section of the S8 Expressway between Walichnowy and Sieradz Poùudnie, some 240km to the south west of capital Warsaw.
  • US$905 million loan for Philippines road
    January 29, 2025
    A US$905 million loan for a Philippines road project
  • New bridge spanning Kelani River in Sri Lanka
    April 8, 2014
    Work is underway in Sri Lanka on a new bridge spanning the Kelani River. The Japan International Cooperation Agency is supplying funding worth some US$344.4 million for the bridge project, which is intended to improve transport connections to and from capital Colombo. The project is facing design challenges as the river is prone to flooding. As a result the design of the bridge features a thick deck and short towers, but without any piers. The 380m long structure will carry six lanes of traffic, with three