Skip to main content

Sri Lanka highway project receiving Japanese funding

The Central Expressway project in Sri Lanka is receiving funding from Japan, with a package worth US$940.7 million from the Tokyo Mitsubishi Bank of Japan. The contract meanwhile has been awarded to Japanese construction firm M/S Taisei Corporation. The firm will build a 32.5km section of the Central Expressway running from Pothuhera to Ramukkana and then to Galagedera.
February 27, 2018 Read time: 1 min

The Central Expressway project in Sri Lanka is receiving funding from Japan, with a package worth US$940.7 million from the Tokyo Mitsubishi Bank of Japan. The contract meanwhile has been awarded to Japanese construction firm M/S Taisei Corporation. The firm will build a 32.5km section of the Central Expressway running from Pothuhera to Ramukkana and then to Galagedera.

Related Content

  • Multi-billion dollar Vietnam transport projects to be supported by ODA of Japan
    December 16, 2013
    A total of 29 transport projects costing a combined US$7.42 billion, including the Phan Thiet-Nha Trang road, will be carried out in Vietnam from 2013 until 2016, according to the country’s Ministry of Transport. Of the 29 projects, 18 projects worth $2.34 billion collectively were due to be commissioned by the end of 2013. The ministry has said that the projects are supported by the government of Japan through $6 billion of ODA funds, including around $774.59 million for 2013. The Quang Ngai-Danang and D
  • Safety for Sri Lanka
    April 19, 2012
    Sri Lanka is struggling to deal with a road safety problem that is crippling and killing large numbers of its citizens. In the past three decades over 40,000 people have been killed and 68,440 seriously injured in 1,120,848 road mishaps in Sri Lanka according to official reports. Unreported accidents mean that the actual figures may be far higher however. Young people face particular safety problems in the country and in 2011 225 schoolchildren were killed in road accidents while 4,100 others critically inj
  • Indian Ganga Expressway deals awarded
    January 10, 2022
    Deals have been awarded for India’s Ganga Expressway.
  • Sri Lanka and India have toughened enforcement on drink driving
    January 8, 2013
    The authorities in India and Sri Lanka are targeting drink driving in a bid to cut crashes. Both countries have high road accident levels and with high annual fatality rates. In a bid to reduce the annual death toll, similar actions are being taken in both nations that focus on tackling drink driving. Data from Sri Lanka show that in 2012, there were 2,190 reported road-related fatalities and of these, negligence and drunk-driving were the main causes of crashes. But despite increased enforcement of traffic