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

  • Sri Lanka highway secures Japanese funding
    September 28, 2017
    A funding package from Japan will help pay for the third stage of Sri Lanka’s key Central Expressway project. The third phase of the Central Expressway project will be constructed by the Japanese firm, Taisei Corporation, with the work taking five years to complete. Financing worth US$883 million is being provided by the Japanese Government for the project. This third stage of the Central Expressway will stretch 32.5km and will connect Pothuhera with Galagedara.
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
  • Sri Lanka expressway – funding secured
    July 9, 2018
    The funding for a stretch of Sri Lanka’s Central Expressway project now looks to have been secured. A loan of nearly US$904 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) will provide the necessary finance package for the project. The route of the Central Expressway runs from Colombo to Dambulla, having originally been called the Northern Expressway Project. This latest funding package will help pay for work to the 32.5km link running off to the east at Pothuhera and running to Galagedara, close
  • Kiribati sees road infrastructure upgrade
    March 2, 2016
    Kiribati is benefiting from major improvements to its road infrastructure. Funding for the road development programme has been provided jointly by the World Bank, the Asian Development Bank (ADB), and the Australian Government. The improved road network on South Tarawa will help boost safety and economic development. The road is a vital shared communal asset for 50,000 people, the entire population of South Tarawa, as it is the lone vehicular transport route on the atoll. The project is seeing the upgrade o