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

  • Polish project plan
    February 28, 2012
    The authorities in Poland are looking for solutions to the debacle that has become the A2 highway project.
    Read More
  • Sri Lanka Airport runway upgrade
    December 7, 2017
    Sri Lanka’s main international airport now features a new runway surface that will help improve air transport efficiency at the facility The project was carried out successfully, despite a tough time schedule, boosting safety at the airport. This new runway will help increase capacity at the airport, allowing Sri Lanka to develop the tourist sector on which the country depends heavily for its economic growth. The work at the international airport for Sri Lanka’s capital Colombo was carried out with the
    Read More
  • Sri Lanka highway assets for sale to Chinese firm?
    August 29, 2017
    Two highway stretches in Sri Lanka may be sold to a Chinese company. The firm, Shangdong, is looking at purchasing the concessions for the Colombo-Katunayake expressway and the Colombo Outer Circular expressway in Sri Lanka. The two highways have a pricetag of around US$600 million. A substantial portion of the funding for the Colombo-Katunayake expressway, some $248.2 million, was provided by China’s Exim Bank while the remaining $45 million was provided by the Sri Lanka Government.
    Read More
  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More

Highlighted Content