Funding package for Sri Lanka tunnels

A key portion of the funding required for the project to build new tunnels in Sri Lanka has been secured. A loan worth US$199 million is being provided by the Korea Economic Development Cooperation Fund (EDCF) for the project, which will be carried out in the city of Kandy.
June 2, 2017 Read time: 1 min

A key portion of the funding required for the project to build new tunnels in Sri Lanka has been secured.

A loan worth US$199 million is being provided by the Korea Economic Development Cooperation Fund (EDCF) for the project, which will be carried out in the city of Kandy. The project also includes building a number of bridges and roads and will cost $250 million in all.

Finance & Funding

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