Skip to main content

Sri Lanka rural road programme developed

Sri Lanka is setting out plans for improvements to around 3,400km of rural roads. The work will largely be paid for through a loan from the Asian Development Bank (ADB). The work will cost US$172.1 million in all, of which $150 million will be in the shape of the ADB loan and the remaining $22.1 million coming from the Sri Lankan Government budget.
December 1, 2017 Read time: 1 min

Sri Lanka is setting out plans for improvements to around 3,400km of rural roads. The work will largely be paid for through a loan from the 943 Asian Development Bank (ADB). The work will cost US$172.1 million in all, of which $150 million will be in the shape of the ADB loan and the remaining $22.1 million coming from the Sri Lankan Government budget. The work will see upgrades to 3,108km of rural access roads. In addition, improvements will also be carried out to a further 248km of Sri Lanka’s national roads.

For more information on companies in this article

Related Content

  • Road projects for India’s Karnataka State and Maharashtra State
    September 6, 2018
    New road projects are being planned for India’s Karnataka State and Maharashtra State. A US$228.56 million contract has been awarded to Sadhbav Engineering for the Nagpur-Mumbai Super Communication Expressway. The route will be access-controlled and the deal was awarded by the Maharashtra State Road Development Corporation.
  • ADB’s US$150mn loan will help pay for Azerbaijan’s Masally-Shorsulu highway
    February 11, 2014
    The Asian Development Bank (ADB) is set to transfer the US$ 150 million second tranche of a loan for construction of Masally-Shorsulu highway in Azerbaijan. The first $250 million ADB loan tranche has already been sent, with the overall project cost set to reach $625 million. Azerbaijan will get a $100 million third ADB loan tranche in 2016, taking the Bank’s total loan investment in the new highway to $500 million. Reconstruction of all Azerbaijan’s highways is set to cost at least US$38.2billion (AZN 29.
  • Azerbaijan highway investment
    April 7, 2014
    The Asian Development Bank (ADB) is set to transfer the US$ 150 million second tranche of a loan for construction of Masally-Shorsulu highway in Azerbaijan. The first $250 million ADB loan tranche has already been sent, with the overall project cost set to reach $625 million. Azerbaijan will get a $100 million third ADB loan tranche in 2016, taking the Bank’s total loan investment in the new highway to $500 million.
  • Sri Lanka expressway funding solution
    February 7, 2017
    Sri Lanka’s of Central Expressway project is well underway, with Phase II now being planned, Funding worth close to US$154.4 million is being delivered jointly by the People's Bank and the National Savings Bank in the shape of loans. The Section II of the project will measure nearly 40km in length and will run between Meerigama and Kurunegala. As much of this section of the route is on comparatively flat terrain, the work is expected to be less challenging from a technical viewpoint than other stretches pla