Saturday, 27 September 2014 - 17:24
Sri Lanka to get $800mn ADB loan to upgrade rural road links.
Sri Lanka to get 800 million US dollar loan facility which approved by Asian Development Bank yesterday to fund rural and national road upgrades in six provinces in order to improve access of remote communities to markets, services, and jobs.
Sri Lanka will upgrade and maintain roads in Sabaragamuwa Province and Kalutara District, Central Province, North Central Province and North Western Province though its Integrated Road Investment Program or “IRoad” project.
The full project running up to mid-2024 will see 2,200 kilometres of access roads under provincial and local authorities being upgraded to 'all weather' standard and maintained for seven years as well as 400 kilometers of national roads.