Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Second phase of Sri Lanka's Outer Circular Highway contracted to Chinese company
Thu, Jan 31, 2013, 11:02 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 31, Colombo: The Sri Lankan government will award the contract for the construction of the second phase of the Colombo Outer Circular Highway to a Chinese Company.

The construction of the 9.32 km long section from Kadawata to Kerawalapitiya in the second phase has been awarded to the Metallurgical Corporation of China Ltd, at a contract price of 66.7 billion rupees (approximately US$ 528 million).

Standing Cabinet Appointed Procurement Committee has recommended awarding the contract to the Chinese company and the Cabinet has approved the proposal put forward by the President, in his capacity as the Minister of Ports and Highways.

The construction of the 29-km expressway will be carried out in three phases on Turnkey basis with funding from China's EXIM Bank.

The work on the first phase of construction from Kottawa to Kaduwela has already commenced.

The outer circular highway will start from Kerawalapitiya along the Colombo - Katunayake Expressway to link Southern Expressway crossing A-4 highway at Kottawa and the main A-1 Colombo-Kandy highway at Kadawata.

The highway is expected to provide a circular beltway to bypass the city of Colombo and reduce traffic congestion.

** Related Story :: Second phase of Sri Lanka\'s Colombo Outer Circular Highway to begin on February 18



ColomboPage - Recent 10 Stories
Sri Lanka's missing persons commission to hand in report to President
-- [3 hours ago]
Sri Lanka steps up battle against errant traders for not passing relief measures to consumers
-- [4 hours ago]
Sri Lanka's Marxist party reiterates need to investigate alleged coup plot by former regime
-- [6 hours ago]
Indian Prime Minister to address Sri Lankan parliament during visit
-- [6 hours ago]
Sri Lankan minister says 90 percent of state revenue used on debt repayment
-- [6 hours ago]
Sri Lanka police arrest four over alleged coal import fraud
-- [6 hours ago]
Sri Lanka’s Chinese funded Port City Project temporarily suspended
Sri Lanka's national carrier losses amount to over Rs. 32 billion in 2014, up by 24%
Sri Lanka to probe previous government's payments to US lobbying firms
Sri Lanka President launches debate on National Medicinal Drug Policy in parliament

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.