Skip to main content

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.

Related Content

  • Loan to boost key Nepal road works
    May 29, 2023
    A loan will boost works on a key Nepal road.
  • New design for Sydney’s WestConnex motorway project third stage
    November 14, 2016
    Sydney’s proposed WestConnex motorway will be wider than planned to accommodate four instead of three lanes in each direction, according to media reports. The changes are part of a revamp of the third and final stage of the ambitious project in the capital city of Australia’s eastern New South Wales state. Some exit and entry ramps will also be scrapped but the overall cost of just under US$5.3 billion for the third stage remains unchanged, reported the Sydney Morning Herald newspaper. The projects
  • Funding agreed for Romanian road construction
    March 22, 2012
    Funding worth some €177.5 million from the European Commission (EC) will pay for a highway construction project in Romania. This non-refundable financing will pay for the construction of a 27.4km stretch of the Lugoj-Dumbrava highway. This section forms part of Lugoj-Deva highway that is itself a part of the Pan-European Corridor IV. The highway section will be built by a consortium formed by the Italian companies Tirrena Scavi, Societa Italiana per Condotte d'Acqua and Cossi Construzioni. Meanwhile moderni
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.