Sri Lanka's Ministry of Economic Development in bridge deal with Cleveland Bridge
Cleveland Bridge UK has signed a 56 million US dollar (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 on the basis of need, and following full consultation with rural community representatives.
Source: Lankabusinessonline |