Sri Lanka to invite investors for elevated BOT highway in Colombo
ECONOMYNEXT – Sri Lanka’s will call investors for a fully foreign funded elevated highway in the capital Colombo to be built as a Build Operate Transfer (BOT) project, the state information office said.
Sri Lanka’s cabinet of ministers had cleared the request for proposals (RFPs) for the elevated highway as a fully foreign funded project.
The expressway will run from the New Kelani Bridge, along a Port Access Elevated Highway and will connect to the Athurugiriya interchange of the Outer Circular Highway, the statement said.
It will go through the suburb of Rajagiriya.
Sri Lanka’s Road Development Authority had completed the feasibility study.
According to earlier published data the elevated highway will have four lanes and will run for 17.3 kilometres. (Colombo/Jan27/2021)