Sri Lanka transport boost

Major plans to upgrade Sri Lanka’s transportation network are being developed. The plans call for upgrades to roads, rail and port facilities right across the country, in a bid to boost the economy. Assistance in preparing the improvement plans for roads, rail links and port facilities is being provided by the Asian Development Bank (ADB). The focus will be on improving transport links both between and within the country’s major towns and cities. One of the priority projects so far identified is for a new r
September 29, 2016 Read time: 2 mins
Major plans to upgrade Sri Lanka’s transportation network are being developed. The plans call for upgrades to roads, rail and port facilities right across the country, in a bid to boost the economy. Assistance in preparing the improvement plans for roads, rail links and port facilities is being provided by the Asian Development Bank (ADB). The focus will be on improving transport links both between and within the country’s major towns and cities. One of the priority projects so far identified is for a new road link between Colombo’s port and the country’s highway network. Port facilities in capital Colombo as well as Galle, Hambantota, Kankasanthurai, Oluvil, and Trincomalee will be upgraded. The transport studies are commencing shortly and should take until 2022 to be complete. The funding sources for the transport upgrades have yet to be determined but PPP projects seem a likely option for much of the work required.
Finance & Funding Road Structures

Related Content

  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Ethiopia's road future?
    May 28, 2012
    Ethiopia is targeting a major investment in transport infrastructure as a means to boost its economy in the long term. The country's government has plans for a road building programme worth an impressive US$8.97 billion. The aim of the programme will be to build 82,500km of roads over a five year period. This will extend Ethiopia's road network from 49,000km at present to a total of 136,000km.
    Read More
  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More
  • Cameroon’s new transport development plan
    February 10, 2022
    Cameroon has set out a new transport development plan.
    Read More

Highlighted Content