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Sri Lanka's expressway construction halted after delay in Chinese loan

The construction of the Central Expressway has come to a halt in Kadawatha due to an ongoing delay in a US $1.1 billion loan from China's Exim Bank, the Sunday Times reported. 

“If we don’t receive the loan by February or March next year, we will have to look for other options,” the Road Development Authority (RDA) chairman Nihal Suriyaarachchi told the Sunday Times. 

confirming there was a delay in the loan, Sri Lanka's Highways Minister Lakshman Kiriella told the paper, "We have taken up the matter with the Chinese Ambassador in Colombo and hope to expedite the loan through diplomatic channels.” 

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