Skip to main content

Sri Lanka's road rebuilding

A loan from the Philippines-based Asian Development Bank (ADB) will help Sri Lanka rebuild roads damaged by its civil war. The US$154.4 million credit facility will be put toward projects such as repairing or replacing bridges and around 140km of provincial roads that were damaged in the north of Sri Lanka, where the civil war was most intense.
May 29, 2012 Read time: 1 min
A loan from the Philippines-based 943 Asian Development Bank (ADB) will help Sri Lanka rebuild roads damaged by its civil war. The US$154.4 million credit facility will be put toward projects such as repairing or replacing bridges and around 140km of provincial roads that were damaged in the north of Sri Lanka, where the civil war was most intense. In addition Sri Lanka plans to upgrade 170km of national highways of which 62km are in the North Central Province and 108km in the Northern Province.

For more information on companies in this article

Related Content

  • Philippines project finding funding
    December 20, 2017
    Road in the area around Mindanao in the Philippines will benefit from the provision of a loan worth US$380 million. This funding package is being supplied by the Asian Development Bank (ADB). The loan will be used for the Improving Growth Corridors in Mindanao Road Sector project. This is intended to improve and upgrade up to 280km of roads in the area. A further $123 million is being provided by the Philippines Government for the work, which will cost $503 million in all.
  • Sri Lanka elevated highway upgrade planned
    May 7, 2019
    Upgrade work is planned for an elevated highway in Sri Lanka.
  • Bangladesh highway development project for trade corridor
    October 27, 2017
    Funding worth US$1.2 billion will help pay for the stage two portion of the project to upgrade the Northwest Trade Corridor project in Bangladesh. The highway will improve transport connections to and from Dhaka, with stage two being for the 190km stretch between Elenga and Rangpur. This funding is being provided by the Philippines-based Asian Development Bank (ADB), although further financing from the Bangladesh Government will pay for the remaining $472.6 million required for this highway section.
  • Road upgrades planned for Mindanao in Philippines
    February 1, 2018
    A series of road upgrades is planned for Mindanao in the Philippines. A loan worth US$380 million from the Asian Development Bank (ADB) will help pay for the works. In all, the programme of road upgrades will cost $498 million however. Eight roads in Zamboanga Peninsula totalling 277km will be upgraded along with three bridges in Tawi-Tawi Province that will be improved.