Sri Lanka seeks ADB funding for US$250mn elevated highway
Mar 03, 2016 16:32 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka is seeking finance from the Asian Development Bank for a 250 million US dollar elevated expressway in the capital Colombo, Minister Gayantha Karunathilake said.
The cabinet of ministers had approved a proposal by Highways Minister Lakshman Kiriella to build the road between New Kelani Bridge in Peliyagoda and Colombo's Fort area, he said.
The 5.8 kilometre elevated highway will help ease congestion in the city and also help ease the carriage of containers from to the port.