Sri Lanka US$300mn road, flyover contract to China firm

Wed, 22 May 2013 15:52:18

13 Sep, 2012 19:01:16

Sept 12, 2012 (LBO) - China State Construction Engineering Corporation Limited has been given a 40 billion rupees (303 million US dollars) contract to build roads and flyovers in Hambantota in the South.

Cabinet spokesman minister Keheliya Rambukwelle said 85 percent of the financing will come from the Exim Bank of China and the balance will be put by Sri Lanka.

The contract involves 64 kilometres of roads and flyovers including a - 23.34 kilometre road from Mirijjewila to Sooriyawewa, an 18.28 kilometre road from, Sooriyawewa, Moraketiya to Embilipitiya, a 16.18 kilometre stretch from Ranna to Wetiya.

The firm will also build a 6.64 outer circular road in Hambantota, flyovers at Wetiya-Narnadagaswewa and an 18.53 kilometre road from Sooriyawewa to Wetiya.

He said the infrastructure would be part of a 'Hambantota hub' project, Rambukwelle said.

China has also financed a port and airport in Hambantota.

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READER COMMENT(S)

3. Dayan Sep 14

O ye of a lot of faith, lets hope that your earnest wishes for the development of Hambantota as a Port hub come through, during your lifetime.

2. Shaik Anwar Ahamath Sep 14

Ye who hath little faith. I believe these improved infrastructure is indeed necessary as Hambantota is heading to become the largest port in Asia. This port would become a damp squib if there were adequate means to get there.

1. Niro Sep 14

Is there a dire need to build 'fly-overs' in sparsely populated Hambanthota? This is purely to line the pockets of the middlemen!

This reminds me of the unnecessary constructions done in Valencia, Spain during the 'boom' years. 5 years later, the state of Valencia (and the whole of Spain) is bankrupt !

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