Sri Lanka approves PPP for ‘Port City’ tunnel link
Dec 13, 2017 16:02 PM GMT+0530 | 1 Comment(s)
ECONOMYNEXT – The Sri Lankan government has approved a proposal to build a tunnel to link the Chinese-built ‘Port City’ reclamation project with Colombo’s road network under a private-public partnership (PPP) model, a spokesman said.
The government will enter in to an agreement with the developer, CHEC Port City Colombo (Pvt.) Ltd, a subsidiary of China Harbour Engineering Company, which is part of China Communication Construction Company Limited (CCCC) group.
The proposal by Megapolis & Western Development Minister Patali Champika Ranawaka had been approved by the Cabinet of ministers this week, Gayantha Karunathilaka, Minister of Land and Parliamentary Reforms told a news conference.
The tunnel, under the Galle Face Green esplanade, will link the coastal Marive Drive from the Kollupitiya railway station with the Port City at the Chaitya Road junction.
(COLOMBO, December 13, 2017)