Skip to main content

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.

Related Content

  • China supplies road funding to Sri Lanka
    February 14, 2012
    Chinese financing will be used to pay for new road links in Sri Lanka. The China Development Bank is providing sources to funds of up to US$500 million that will pay for key road upgrades in Sri Lanka.
  • Sri Lanka road financing deal agreed
    June 4, 2015
    A financing deal has been signed for a series of major road projects in Sri Lanka. A second loan facility worth US$107 million has been agreed between the Sri Lankan Government and the Asian Development Bank (ADB). This loan facility will be used to finance road upgrade projects in Sabaragamuwa Province, North Western Province, Western Province, North Central Province and Central Province. This loan forms part of the $800 million Integrated Road Investment Programme planned by the Sri Lankan Government. The
  • Sri Lanka benefiting from external highway investment
    July 16, 2013
    Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f
  • Planned Papua New Guinea highway project
    July 24, 2020
    The cost of a planned Papua New Guinea highway project has been revealed.