Vetted by NeuralPress's Multi-Agent Verifier for strict factual validity and event relevance. Our compliance engine cross-checks and filters search results to ensure zero false correlations or misleading content.
Primary Sources
ADB approves $300 million loan for elevated highway to improve ...
News The Asian Development Bank’s (ADB) Board of Directors has approved a $300 million loan to help in the construction of about 5.3 kilometers (km) of elevated toll highway with related facilities between the New Kelani Bridge (NKB) and Galle Face in central Colombo in Sri Lanka, a statement from the global bank said. The new highway is expected to ease traffic congestion, improve connectivity, and facilitate trade logistics in the country. “Improved connectivity and infrastructure development are essential if Sri Lanka is to reach its potential as a trade and logistics hub in South Asia,” said ADB Senior Transport Specialist for South Asia Mr. Kanzo Nakai. “The new highway will help provide a direct link to the city center and the port from the Colombo–Katunayake Expressway through the NKB, improving connectivity and contributing to growth.” In 2016, the port of Colombo handled about 1.3 million 20-foot equivalent units (TEUs) of gateway container cargo, which could double to 2.5 million TEUs in 2030 as Sri Lanka continues to grow. The port, however, is only serviced by a four-lane, ground-level access road passing through its main gate, which intersects with Baseline Road, one of the busiest trunk roads in Colombo. This leads to serious traffic congestion in the city and holds back trade and mobility. The 5.3-km elevated toll highway to be built as part of the South Asian Subregional Economic Cooperation (SASEC) Port Access Elevated Highway Project will include related road facilities including an advanced electronic toll collection (ETC) system, which will eventually be installed on the entire expressway network. The project will also upgrade 1.4 km of the ground-level port access road from four to six lanes, while a maritime facilitation center will be constructed to provide better services to port users and relocate and gather the administrative and operational functions of the port, many of which will be affected by the construction of the elevated highway. The project also contributes to regional connectivity and trade, in line with SASEC’s goals. Additionally, ADB will provide a $500,000 technical assistance for the Expressway Operations Improvement component of the project, which will strengthen the operational capacity of the expressway regarding its toll rate policy and the ETC system. The Japan Fund for Poverty Reduction, financed by the Government of Japan, will also provide a $1.25 million grant to support trade logistics facilitation f...
Convert Sri Lankan Rupee to New Zealand Dollar | LKR to NZD Currency ...
1 LKR = 0.01 NZD From To Conversion Rate (Buy/Sell) NZD/LKR = 0.0053342 Major Minor Exotic AED 0.011521 JPY 0.500091 ARS 4.38889 KRW 4.63213 AUD 0.004387 MAD 0.029019 BRL 0.015628 MXN 0.054548 CAD 0.004288 NOK 0.02923 CHF 0.002462 NZD 0.005334 CNY 0.021447 PHP 0.19053 CZK 0.065229 PLN 0.011361 DKK 0.020005 RUB 0.23607 EUR 0.002677 SEK 0.02895 GBP 0.002318 SGD 0.004003 HKD 0.024576 THB 0.101616 HUF 0.975951 TRY 0.141325 ILS 0.009363 USD 0.003137 INR 0.295664 ZAR 0.051839 BHD 0.001185 MYR 0.012427 BOB 0.02165 NAD 0.0521 CLP 2.81805 NGN 4.25763 COP 11.154 NPR 0.472206 DOP 0.186593 OMR 0.001206 EGP 0.165097 PAB 0.003133 IDR 54.1142 PEN 0.010876 IRR 131.435 PKR 0.873441 ISK 0.384963 RON 0.013624 JMD 0.494442 SAR 0.011763 JOD 0.002224 TWD 0.098717 KES 0.405106 UAH 0.138062 KWD 0.000965 UYU 0.124823 LBP 266.369 VES 1.51448 LKR 1 VND 82.6989 AWG 0.005645 MGA 13.0349 BAM 0.005236 MKD 0.165006 BBD 0.006311 MUR 0.146949 BDT 0.384438 MVR 0.04845 BGN 0.005236 PYG 19.8671 BMD 0.003144 QAR 0.011422 BSD 0.003133 RSD 0.314351 BWP 0.042438 SCR 0.043097 FJD 0.006919 TND 0.009149 GHS 0.034784 TTD 0.021278 GMD 0.230583 UGX 11.6563 GTQ 0.023977 XAF 1.75609 KHR 12.5531 XCD 0.008474 LAK 68.6554 XOF 1.75609 MDL 0.054403 XPF 0.319488 Last Updated 4/24/2026 8:36:03 PMLocale
ADB, Sri Lanka Ports Authority ink agreement for $500m port project
Philippine-based Asian Development Bank (ADB) and the Sri Lanka Ports Authority (SLPA) signed on Tuesday a transaction advisory services agreement for the development of a $500 million port project.The goal is to develop the East Container Terminal (ECT) of Colombo Port through public-private partnership (PPP).
China's US$24bil pet food market heats up as local brands challenge ...
The events are annual tourism initiatives aimed at stimulating Kuala Lumpur's economy and supporting local businesses as part of the Visit Malaysia 2026 campaign.
