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

  • Scottish fixed link project planned
    April 30, 2020
    A Scottish fixed link project is being planned to replace a ferry service.
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More
  • Moscow-Kazan highway plans
    June 17, 2020
    The Moscow-Kazan highway plans form part of the nation’s future economic recovery.
    Read More
  • Colombian highway projects being agreed
    March 22, 2017
    Interest is proving strong in Colombia’s Pamplona-Cucuta 4G motorway project, which is currently undergoing the tender process. The country’s National Infrastructure Agency (ANI) has had three bids so far for the project. The 62km stretch of road will be built in Colombia’s Norte de Santander department. The project is expected to cost in excess of US$515 million. So far ANI’s bids have come from CCA Civil Colombia, the Colombia-based subsidiary of Spanish contractor Sacyr, as well as the consortium Estruct
    Read More

Highlighted Content