New tendering process planned for Sri Lankan highway project

Sri Lanka’s proposed northern highway project is being reviewed and looks likely to be put out to tender shortly. The country’s new administration previously suspended the project due to issues with non-transparent tenders as well as concerns over its high cost. The project was estimated to cost around US$2.26 billion, which the country’s new administration deemed of concern. At the end of 2014 a number of contractors were awarded work to several sections of the expressway linking Jaffna with capital Colomb
February 25, 2015 Read time: 1 min
Sri Lanka’s proposed northern highway project is being reviewed and looks likely to be put out to tender shortly. The country’s new administration previously suspended the project due to issues with non-transparent tenders as well as concerns over its high cost. The project was estimated to cost around US$2.26 billion, which the country’s new administration deemed of concern. At the end of 2014 a number of contractors were awarded work to several sections of the expressway linking Jaffna with capital Colombo. But the work was awarded without a proper bidding process, which was why the new administration decided to take action. A timeline for the new tendering process will be released shortly.
Finance & Funding Road Structures

Related Content

  • Massive Kuwait project to be awarded
    April 25, 2012
    South Korean contractor Hyundai Engineering looks set to win the deal to build Kuwait’s Subiya Causeway project. The award of the deal for this massive US$2.6 billion project has been delayed several times so far but is now on track to be awarded by the end of 2011. It still requires parliamentary approval but has been given approval from Kuwait's Central Tenders Committee (CTC). Hyundai Engineering submitted its bid, the lowest of several made, for the project in February 2011.
    Read More
  • Mexico sets major agenda for infrastructure investment
    September 8, 2014
    A major programme of infrastructure investment in Mexico is seeing the country developing 46 highway projects that are due for completion in 2018. The country’s transport and communications ministry (SCT) says that 28 of the highway projects are under construction at present, while eight were completed recently and work on a further seven will commence before the end of 2014. This programme of works forms part of the National Infrastructure Plan (PNI). In all, the programme for the 46 highways is worth arou
    Read More
  • US$12.85 billion for new Chinese highways
    September 17, 2024
    New Chinese highways worth US$12.85 billion are being planned.
    Read More
  • Distracted driving from smartphone use poses a major road safety threat
    December 10, 2013
    Cell phone use while driving is not appreciated amongst drivers for the risk it presents. And with people growing ever more reliant on smartphones and other hand-held devices, the issue of distracted driving looks set to increase. Automotive manufacturers are installing wifi and other technologies in new generation vehicles in a bid to broaden market appeal, particularly to younger drivers. But it seems little thought has been given to the safety risks these pose should drivers attempt to use them when behi
    Read More

Highlighted Content