Sri Lanka highway secures Japanese funding

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.
September 28, 2017 Read time: 1 min

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, 2808 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. The project will be costly and complex due to the undulating terrain, which requires the construction of 14 bridges and three tunnels. In all, 5km of the route will comprise flyover sections. 

Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Funding to repair Sri Lankan bridges
    August 8, 2012
    In Sri Lanka up to 210 rural bridges will be built or repaired around the country following a financial deal worth US$44.14 million agreed with the Hong Kong & Shanghai Banking Corporation (HSBC). The deal was arranged between the Sri Lankan Government and the HSBC in a bid to improve rural connectivity. The bridges measure from 6-30m in length and will be built by Cleveland Bridge UK. The plan is for the bridges to be completed within a three year period.
    Read More
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • Vinci picks up Lafonataine Tunnel work
    August 12, 2020
    The renovated tunnel is expected to have about 40 years of life.
    Read More
  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More

Highlighted Content