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

  • Moldova is investing in upgrading highway links
    September 11, 2013
    A €150 million budget has been set aside by the Moldavian Ministry of Transport and Road Infrastructure for upgrades to 200km of the country’s major highway links. The funding is coming in the shape of a loan from the European Bank for Reconstruction and Development (EBRD). In addition the US Government’s Millennium Challenge Corporation (MCC) is investing a further US$132 million in its Moldovan Compact agreement. The EBRD loan will be used to improve sections of the R33 Hincesti-Lapusna-M1 road to the Rom
  • Vietnam’s highway network is expanding
    August 1, 2018
    Vietnam is expanding its road and highway network with a series of major projects, as well as numerous upgrades to rural roads. A funding deal worth US$1.6 billion is being provided by the Asian Development Bank (ADB) for the Ben Luc yo Long Thanh National Highway. This route connects Dong Nai, Ho Chi Minh City and Long An. A portion of the necessary funding for ground clearance for the route is being provided by Vietnam’s State Budget. However the country is stopping work on the National Highway 3 project
  • Kazakhstan roads benefiting from Japanese loan
    May 28, 2012
    A major loan from Japan will help develop the road transport network in Kazakhstan. The Japanese government will provide a loan to the Republic of Kazakhstan worth US$76 million. The sum will be used to develop the country's road infrastructure and will boost Kazakhstan's access to European and Asian markets. The loan will allow a new bypass to be built on one of the country's main transport arteries in the southern Zhambyl province, as well as the rehabilitation of other existing routes.
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.