Sri Lanka road funding package secured
19 November 2021
A loan worth US$500 million will pay for road maintenance and improvements in Sri Lanka. The International Bank for Reconstruction and Development (IBRD) is providing the loan to the Sri Lankan Government.
This will be used to help pay for Sri Lanka’s planned Inclusive Connectivity and Development Project (ICDP). The aim of the ICDP is to build new roads and improve existing links. In all work will be carried out to 3,000km of provincial and rural roads.
The work will help boost access to rural areas in Sri Lanka and aid economic development. Maintenance will be carried out to improve existing rural roads while a number of new connections will also be constructed.
Related
-
Enery Signs 10-Year Green Power Deal With Orange Slovensko
25 August 2026
-
Maaden and Aramco sign deal to create joint venture
21 August 2026
-
Saudi Arabia awards estimated $1bn phosphate rail deal
21 August 2026
-
Dubai tenders stormwater drainage projects
17 August 2026
-
Kuwait selects developer for Shagaya zone one plant
14 August 2026
-
Oman reaches financial close on 120MW wind project
13 August 2026


京公网安备
11010802030424号
京ICP备19046776号-2