China Harbour bags another construction project in Sri Lanka

China Harbour bags another construction project in Sri Lanka

The construction of the expressway on pillars that connects the Athurugiriya Interchange and the New Kelani Bridge has been awarded to a Chinese Company.

The contract for the proposed project has been awarded to the China Harbour Engineering Cooperation.

The Cabinet has approved a proposal for the construction project on a Build, Operate, and Transfer (BOT) agreement.

“Project will completed in 3 years, They have 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” Cabinet spokesman Minister Gammanpila said.

Contented technical and financial proposals were called from relevant investors for the proposed project.

The proposal to award the contract to the Chinese firm was submitted by Minister of Highways Johnston Fernando.

The Chinese Firm has received the contract as recommended by the Negotiation Committee appointed by the Cabinet of Ministers.