Road Finance

Dec 20, 2012 (LBO) – Sri Lanka will build an 18 kilometre road for 1,802 million rupees with a loan from a commercial bank under a scheme of financing domestic contractors, minister Keheliya Rambukwelle said. Hatton National Bank, a private commercial bank will finance the road.

The road runs from Meepe to Ingiriya in Sri Lanka’s Western Province.

Sri Lanka’s road development agency has been building a series of roads with commercial bank finance taken under Treasury guarantees over the past year.