Light rail MOU signed

Published : 9:00 am  November 23, 2017 | No comments so far |  |  (993) reads | 

khikmjhkuh

 

By Thilanka Kanakarathna  

Ministry of Megapolis and Western Development yesterday signed a MoU for the consultancy service feasibility study for light rail project at a cost of Rs. 202 million with the Korean company ‘Sen young’.  


The secretary of the Ministry of Megapolis and Western Development Nihal Rupasinghe and The Vice President of Sen Young Kim Num Siyol signed the Mou.  


The consultancy company is to commence the feasibility study within a week and to conclude before December 2018.  


According to the project seven light railways to be built and the first road to be built from Malabe to Fort via Battaramulla which is 15.3 km long.  


The railway track would be built on the towers and light rail would be powered with electricity and would be Eco-friendly.   


It was funded by the Japanese Government by a loan to be granted in a lower interest rate.  


The rest six track to be built with foreign investments as a Private-Public Partnership (PPP)  


This is intended to reduce the city traffic congestion while strengthening the public transport service.  

 

Life-1

 


Malabe to Fort via Battaramulla stretch is

15.3 km


consultancy cost

Rs.  202 mn