Cleveland Bridge UK inked contract with Sri Lanka's Ministry of Economic Development

Cleveland Bridge UK has signed a $ 56 million (approx Rs 249.2 crore ) contract with Sri Lanka's Ministry of Economic Development to provide up to 210 bridges in rural locations island-wide including in the former north-east war zone.

The project will be backed by the UK government’s Export Credit Guarantee Department (ECGD), the official export credit agency insuring UK exporters against non-payment by overseas buyers. The locations of the bridges will be prioritized and selected by ministry officials on the basis of need, and following full consultation with rural community representatives.

Source: Lankabusinessonline