ADB to provide 24.42 million dollars in assistance

Saturday, 24 September 2016 - 11:21


The Asian Development Bank yesterday announced that the lender will provide 24.42 million dollars in assistance, to help Sri Lanka prepare studies and designs for new road, railway, and port projects.

This is to make sure that the country's transport system is well-placed to support economic growth in the medium term.

With 24.42 million dollars in ADB technical assistance, the Road Development Authority will formulate an expressway development program and prepare priority projects, such as a port access road to link the Colombo port area to the highway network.