Sri Lanka road project partially funded by South Korea

A new four lane road and tunnel connection is to be built in the Sri Lankan city of Kandy. The tunnel section will measure a total of 4.4km while the project also includes 1.2km of connecting roads. The project is costing over US$252 million to construct of which just over $199 million will be supplied by the Economic Development Cooperation Fund (EDCF) from South Korea.
April 7, 2017 Read time: 1 min
A new four lane road and tunnel connection is to be built in the Sri Lankan city of Kandy. The tunnel section will measure a total of 4.4km while the project also includes 1.2km of connecting roads. The project is costing over US$252 million to construct of which just over $199 million will be supplied by the Economic Development Cooperation Fund (EDCF) from South Korea.
Road Structures Finance & Funding

Related Content

  • US$690 million for Indonesia toll tunnel
    September 3, 2024
    Funding worth US$690 million is planned for Indonesia’s toll tunnel.
    Read More
  • Vietnam’s transport boost to follow the pandemic
    January 17, 2022
    Vietnam has plans for a boost to transport to follow the pandemic.
    Read More
  • Growth of thermoplastic road marking manufacture
    February 24, 2012
    PROMAX Industries has now broadened its worldwide presence with the establishment of a production facility in Sri Lanka. The firm now has a deal with a local firm for a thermoplastic production plant using the PROMAX CF02 system. The partner for this facility is TDP Products in Kahawala, Padukka. The Sri Lankan producer was set–up by TD Priyantha who has been planning for some time to start manufacturing road marking products for the Sri Lankan market. TDP Products and
    Read More
  • Megapolis sets out $11.5 billion for transport plan for Sri Lanka
    June 6, 2016
    Nearly a third of Sri Lanka’s new US$11.5 billion transport master plan will be spent on road development in and around the capital Colombo. The plan, unveiled by the Western Region Megapolis Planning Project (WRMPP) – covers the next 20 years. Work will start on the first projects withinsix month, according to a report by the Daily Mirror newspaper. The other two-thirds will be spent on a light rail transit system, railway electrification, bus modernisation and inland waterways. The project is to
    Read More

Highlighted Content