Finance Minister Ravi Karunanayake said today everything was in place to begin the construction of the first phase of the Northern Expressway within a couple of days.
The minister said the construction was estimated to cost US$2.3 billion and that they had received the funds for the project.
“We have received the funds to begin the construction of the Northern Expressway. We will start work by next week. We have obtained permission to begin the construction of the expressway which is 54 km from Colombo to Kurunegala, 30 km from Kurunegala to Kandy and 29 km from Kandy to Dambulla,” he said.
The minister said the government was not prepared to allocate funds for fraudulent development projects initiated by the previous government.
He said the government would show that the development projects were back on track nullifying claims that development projects were at a standstill. (AjithSiriwardana and Chaturanga Pradeep)
Ok. Try to keep things above board and let the country know who the local contractors are.
ANTON Wednesday, 10 June 2015 08:43 PM
VERY GOOD , IT IS A TIMELY DECISION AND WE CAN COMPARE THE EXPENDITURES , UNIT COST FOR THE PROJECT.
Amila Wednesday, 10 June 2015 08:51 PM
Total cost = US$ 2.3 Billion = Rs. 2.3x132x1000 Million= Rs 303600 MillionCost per Kilometer = 303600Million/113km = 2687 Million per kilometerthat means 1343 no of 2 million worth of houses can be constructed from the cost of one kilometer. totally 151800 houses.
Damien Wednesday, 10 June 2015 08:57 PM
What will be the cost per Km ? Public must be on alert and not let the minister pocket money as in the yahapalana treasury bond deal.
P Dias Thursday, 11 June 2015 03:59 PM
We need good roads at a reasonable cost and done in a transparent manner unlike the previous corrupt govt.
Sikuru Wednesday, 10 June 2015 09:04 PM
Implement strict laws to stop ppl like Rajapaksas from stealing money from projects
upali Thursday, 11 June 2015 12:22 PM
Why so late?
asfar Thursday, 11 June 2015 12:23 PM
what about the tender procedure ?
beru Friday, 12 June 2015 10:55 AM
Thiz is absurd. MR we need u soon.chase these culprits n save our nation yet again.
goose Thursday, 11 June 2015 09:14 AM
You are one big idiot...
Karigalan Thursday, 11 June 2015 09:59 AM
is it 2.3 Billion or Million Average cost per kilometer will be around 151 mn rupees ($1.15 mn)there are other factors such as Soil, pavement type,number of lanes, number of overpasses, number of tunnels,number of interchangesamount of signage,degree of environmental impact measures, wage costs, material costs,time to completion, topography,drainage, and highway beautification etc.