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Colombo International Financial City built on land reclaimed from the Indian Ocean and funded with $1.4bn in Chinese investment is a special financial zone and another major Chinese investment in Sri Lanka. [103] In April, Sri Lanka experienced a default on its foreign debt amounting to US$50 billion, with China being one of the creditors involved.
The Addis Ababa City Corridor Project, also known as Smart City Project, [1] is an ongoing urban planning project in the city of Addis Ababa initiated by the Addis Ababa City Administration in December 2022 to upgrade key routes and improve connectivity among the corridors. Due in 2025, the project aims to expand metropolis that incorporates ...
The Central Expressway (E04), is an under construction road project that will link the Sri Lankan capital, Colombo, with Kurunegala & Kandy. It will provide a fast alternative to the existing A1 Colombo - Kandy & A6 Ambepussa - Trincomalee Highways.
In March 2013, the LAPSSET Corridor Development Authority (LCDA) was established through the Presidential Order Kenya Gazette Supplement No. 51, Legal Notice No. 58, The LAPSSET Corridor Development Authority Order 2013 to plan, coordinate and manage the implementation of the Lamu Port-South Sudan-Ethiopia Transport Corridor Project. [17]
This is an accepted version of this page This is the latest accepted revision, reviewed on 10 February 2025. Chinese global infrastructure project Belt and Road Initiative Abbreviation BRI Formation 2013 ; 12 years ago (2013) 2017 (2017) (Forum) 2019 (Forum) 2023 (Forum) Founder People's Republic of China Legal status Active Purpose Promote economic development and inter-regional connectivity ...
The project will consist of seven elevated and surface-level tracks to cover major public institutions in the city and the suburbs. The Japan International Cooperation Agency agreed to fund the project and is assisting with the feasibility study. [21] [22] In 2017, various consulting services expressed interests in feasibility studies. [23]
Sri Lankan filmmaker Ilango Ram and producer Hiranya Perera are set to present their upcoming feature “Rabbit Hole” at Busan’s Asian Project Market, aiming to shed light on the persistent ...
Some of the countries taking part in the highway project are India (Act East policy), Sri Lanka, Pakistan, China, Iran, Japan, South Korea, Nepal and Bangladesh. [1] Most of the funding comes from the larger, more advanced Asian nations such as China , South Korea and Singapore as well as international agencies such as the Asian Development ...