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News


Coming soon – Colombo-Kandy expressway worth Rs. 30 billion

By Rathindra Kuruwita
The Sri Lankan Government is set to construct an expressway between Colombo and Kandy.
This Rs. 30 billion project is set to be completed by 2014. The users of this expressway, which will be built in partnership with a Malaysian consultancy firm, will be charged a toll.

“We have signed an agreement with a Malaysian firm called MTD Bihard to build this toll expressway. The government will not need to spend any money on the project. The costs of the Malaysian firm will be recovered from the tolls,” MBS Fernando, Chairman of the Road Development Authority (RDA) said.

“The RDA expects to charge a toll of Rs. 2 to Rs. 2.50 per kilometre from the users but the government will shoulder the cost of construction with MTD Bihard after Ambepussa.

“Since most vehicles don’t go further than Ambepussa, we have decided to bear a part of the costs after Ambepussa,” Fernando said.

The construction of the project will commence in 2010 after the RDA completes the surveying and land acquisition. The Malaysian firm will then compensate the land owners through the government

“We have almost finished 40% of the surveying. The construction of the expressway will commence in 2010 and the road up to Ambepussa will be completed by 2012. The entire road will be completed by 2014,” he noted.

The timeframe in which the Malaysian firm will charge tolls from the users is yet to be decided, Fernando said. “It will depend on the number of users and the expenditure,” he pointed out.

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