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- Operations
- Road Network Development Project
Road Network Development Project
Sri Lanka
Borrower | Sri Lanka |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Transportation |
Approved | 11.04.2012 |
Signed | 08.10.2012 |
Status | Ongoing |
Loan Administrator | OPEC Fund |
Executing Agency | The Road Development Authority (RDA) |
Co-financiers | SFD, Government |
OPEC Fund Contribution (US$m) | 40.00 |
Total Project Cost (US$m) | 148.00 |
To upgrade 202 km of key national highways and rehabilitate the Karadana Bridge, and in turn, help boost socio-economic development and enhance access to markets, social amenities and employment opportunities. Works will include installation of drainage works; provision of road signs, markings and guard rails; and consultancy services.