Dec 07, Colombo: A feasibility study to construct an underground railway system for Colombo, the capital city of Sri Lanka and its suburbs is now underway and will be completed by June next year.

A consortium of four foreign companies, Siemens of Germany, OPUS of Malaysia, NEB Infrastructure of India and UTI Bank in India are to invest in the underground railway.

According to Sri Lanka Board of Investment, the initial stage of the underground railway system will be 22-kilometres from D.R. Wijewardena Mawatha, Fort main station to Ratmalana and Battaramulla and would be built on the centre meridian on the main road in order to minimise land acquisition problems. City Bank Card, Chase low rate loan, American Express