News

Netherlands to fund construction of 250 steel bridges in Sri Lanka

26 Nov, 2018

The Rabobank of Netherlands has agreed to provide Euro 52.1 Million financial assistance to construct approximately 250 steel bridges island wide especially in the rural areas.

S R Attygalle, Secretary to the Ministry of Finance and Economic Affairs signed the Credit Facility Agreement today at the Ministry of Finance.

The Government has accorded high priority for connectivity improvement within the country with a view to providing full benefits to the remote villages from mainstream development activities in the country, the?Ministry of Finance said.

Accordingly, the Government is planning to construct 4000 bridges in rural areas to establish connectivity for transportation.

A large number of lagging villages will be connected with transport facilities through this project which will in turn facilitate easy access to market, education and healthcare facilities to villagers.

This project will be implemented by the Ministry of Provincial Councils, Local Governments and Sports. (Colombo Gazette)

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