Apr 05, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to construct a four-lane roadway to reduce traffic congestion in Kandy town.
The road comprises of tunnels of total length 4.36 km and 1.2 km long roadway connecting Tennekumbura and Suduhumpola.
Estimated cost of the project is 252.30 million US dollars and the Economic Development Cooperation Fund of Korea has agreed to provide financial facilities of 199.27 million US dollars for the project.
Government has to provide funds to meet the expenses for general administration cost, taxes and duties, purchase of land and other real property, compensation and other indirect items.
It has also been agreed to implement this project and to authorize the Department of External Resources to negotiate regarding regulations and conditions of the loan.
The project will be completed within fifty eight (58) months from the effective date of the loan agreement.
Traffic volume in the centre of Kandy city has increased over the recent years which cause long delays and inconvenience to road users.
When Pothuhera-Galagedara link of the Central Expressway connects Kandy to the expressway network of the country, a huge inflow of traffic is expected.
Traffic studies have identified construction of a by-pass tunnel as the suitable solution.