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Sri Lanka gives new southern expressway deals to Chinese firm

Apr 20, 2016 16:36 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT – Sri Lanka has given contracts to China National Technical Import and Export Corporation under the Southern Expressway project to rectify slope failure and repair local roads using savings of 1.93 billion rupees.

A government spokesman said three projects proposed by Highways Minister Lakshman Kiriella were approved by the cabinet of ministers this week.

These are for rehabilitation of 11 local roads, buying four police cars to be deployed on the expressway and to rectify the slope failure at the 114 km post of the expressway.

The contracts between Road Development Authority and China National Technical Import and Export Corporation are for the southern section of the Southern Expressway from Pinnaduwa to Godagama.

The validity of a loan from Exim Bank of China for the project has been extended till June 2016.
 (COLOMBO, April 20, 2016)


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