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Last Updated : 2024-04-27 00:39:00
The Cabinet approval was granted to award the contract for the construction of the elevated highway to Kelaniya New Bridge (NKB) via Rajagiriya connecting Outer Circular Highway at Athurugiriya to the China Harbour Engineering Company (CHEC), co-cabinet spokesman, Energy Minister Udaya Gammanpila said.
Addressing the weekly cabinet briefing at the Information Department, the Minister said the approval was granted to the CHEC to complete the project within three years.
"It has been given another 15 years to operate and earn their revenue. After 18 years, the company has to hand over the elevated highway to the Sri Lanka government, Minister Gammanpila said.
"The cabinet ministers decided to hand over the construction considering the company that takes the least amount of time to complete the project and the least period to recover their cost," he said.
Accordingly, the most attractive bid was presented by the CHEC and therefore the cabinet ministers approved to hand over the construction," the Minister added. (Chaturanga Samarawickrama)
Kumaran Arumugam Tuesday, 25 May 2021 02:37 PM
Good Move. If you want to develop, get Chinese help. They can replicate what they have done in China. If we don't use their help we will fall behind even Africa (we were ahead of Africa). Africa is using their assistance and developing fast.
Sambo Tuesday, 25 May 2021 02:41 PM
Probably there is no other engineering companies in the world that is willing to pay large kick backs as the Chinese do.
A Tuesday, 25 May 2021 02:53 PM
Big % to who and people will pay
Kumaran, Wattala Tuesday, 25 May 2021 02:55 PM
Will they engage local engineers and construction workers for this project or will Colombo be flooded with Chinese workers.
Samson Tuesday, 25 May 2021 03:18 PM
As a colony in 18 years, will there be a SL govt?
Ranaweera Tuesday, 25 May 2021 11:42 PM
It is better than becoming a colony of west where guns are the most priority item.
Gamarala Wednesday, 26 May 2021 01:17 AM
Now we know why , very Low interest rate Japanese's grant/Loan was refused for the same project . Well done
RP Wednesday, 26 May 2021 03:15 AM
It's indeed sad to witness all the constitution are done by the Chinese using Chinese man power. No local participation. Poor local construction companies and all the Civil Engineering Graduates. Might as well close the Civil Engineering Faculties and instead teach Foreign Languages. Pity those local talents, they have to seek employment overseas.
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