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- Colombo National Highways Project
Colombo National Highways Project
Sri Lanka
Borrower | Sri Lanka |
Financing Type | Public Sector |
Instrument | Blend Facility |
Focus Area | Transportation |
Approved | 12.12.2012 |
Signed | 10.06.2013 |
Status | Ongoing |
Loan Administrator | OPEC Fund |
Executing Agency | The Road Development Authority (RDA) |
Co-financiers | Government |
OPEC Fund Contribution (US$m) | 50.00 |
Total Project Cost (US$m) | 95.00 |
To contribute to poverty reduction by enhancing populations' access to employment opportunities both within and outside of their communities; lowering transport costs; facilitating access to education, health, and other social services; and improving road safety and decreasing the incidence road accidents. Project works will include:
- upgrading of 66 km of selected national highways;
- reconstruction of the Narahenpita-Nugegoda bridge;
- installation of drainage works and road signs and markings; and
- consultancy services.