Sri Lanka elevated highway upgrade planned

Upgrade work is planned for an elevated highway in Sri Lanka.
May 7, 2019 Read time: 1 min

Upgrade work is planned for an elevated highway in Sri Lanka. The work is for widening and improvements to the elevated highway running through Colombo. The project will benefit from a loan worth US$100 million from the China Development Bank (CDB).

The Ministry of Megapolis & Western Development has received official approval to set up a management firm between the Sri Lankan Government and CHEC Port City Colombo. This firm will manage and oversee the operations of Colombo Port City.

Finance & Funding

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New elevated highway project for Sri Lanka

Work now looks ready to move ahead for an elevated highway project in Sri Lanka’s capital Colombo. Funding has been secured in the shape of a loan worth US$300 million from the Asian Development Bank (ADB) to help carry out the work. In all the work is expected to cost $360 million and involves building a 5.3km section of elevated highway. This new elevated route will be tolled for users when complete and will connect the new bridge spanning the Kelani River, which itself is due for completion in 2020
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