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

  • Senior ADB figure urges governments to act on sustainable transport
    September 27, 2013
    Multilateral development banks (MDB) are determined to do all they can to encourage governments of developing countries meet key sustainable transport targets, according to a senior figure at one of the world’s biggest MDB’s. Guy Woodford reports Tyrrell Duncan, Asian Development Bank’s (ADB) director of Transport and Communications Division, East Asia has been at the forefront of MDB efforts to enhance sustainable transport and road safety in developing countries. Speaking during a break in talks at the In
    Read More
  • Green roads for India’s Madhya Pradesh State
    November 24, 2023
    Green roads will help to transform India’s Madhya Pradesh State.
    Read More
  • China’s Guizhou Province establishes road expansion project
    May 9, 2018
    China’s Guizhou Province is setting out a massive budget for road expansion to boost access to rural areas. This will see the construction of some 50,000km of roads in 2018. In all US$3.15 billion is being spent on road development. So far 35,000km of road projects are underway in Guizhou Province with nearly 9,400km of road jobs already having been completed. By the end of the second quarter of 2018, all of the planned projects within this programme of works will be underway or complete.
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More

Highlighted Content