Sri Lanka's road rebuilding

A loan from the Philippines-based Asian Development Bank (ADB) will help Sri Lanka rebuild roads damaged by its civil war. The US$154.4 million credit facility will be put toward projects such as repairing or replacing bridges and around 140km of provincial roads that were damaged in the north of Sri Lanka, where the civil war was most intense.
May 29, 2012 Read time: 1 min
A loan from the Philippines-based 943 Asian Development Bank (ADB) will help Sri Lanka rebuild roads damaged by its civil war. The US$154.4 million credit facility will be put toward projects such as repairing or replacing bridges and around 140km of provincial roads that were damaged in the north of Sri Lanka, where the civil war was most intense. In addition Sri Lanka plans to upgrade 170km of national highways of which 62km are in the North Central Province and 108km in the Northern Province.
Asphalt milling, paving & compaction Concrete milling, paving & compaction Road Structures

For more information on companies in this article

Related Content

June 4, 2015

Sri Lanka road financing deal agreed

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
boombox1

Highlighted Content

boombox2