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.

Finance & Funding

For more information on companies in this article

Related Content

  • Major highway upgrade planned in Sri Lanka
    August 11, 2014
    In Sri Lanka work is planned for a major highway upgrade project. The work will see a 151.3km stretch of the A5 highway being widened and improved in a deal worth some US$140 million. The work is being planned by Sri Lanka’s Government and is for the stretch of A5 between Badulla and Chenkaladi. Improvement work on the Peradeniya-Badulla section of the A5 highway has now been completed and this latest project is the next phase of the A5 upgrade. The project is being partly financed by the OPEC Fund for Inte
    Read More
  • CDB to lend Sri Lanka US$580mn to finance roads and other infrastructure
    May 23, 2013
    China Development Bank Corporation (CDB) says it will provide a loan facility worth US$ 580 million to help Sri Lanka carry out key infrastructure projects. Of the amount, $300 million will be used for developing roads, $200 million for water supply projects and the rest will be for the national business school. The new facility will increase the total lending of CDB to Sri Lanka to more than $1.4 billion
    Read More
  • Rural road upgrade works for Bangladesh
    July 21, 2023
    New funding will ensure rural road upgrade works for Bangladesh.
    Read More
  • Tamil Nadu in India upgrading rural roads
    March 1, 2019
    India’s Tamil Nadu State is working on a programme to redevelop 1,538km of rural roads. The plan has been set out by the Tamil Nadu State Government. Financing for the work will be provided by the National Bank for Agriculture & Rural Development (NABARD). The work is being planned by Rural Roads unit of the state’s Highways Department. A budget of US$112.5 million has been set for the upgrade work, which should be completed within six months.
    Read More

Highlighted Content