Sri Lankan government engages Singapore based company to draw regional structure plan for southern city

Sri Lankan government engages Singapore based company to draw regional structure plan for southern city

The government of Sri Lanka has reportedly decided to assign a Singapore based company, Surbana Jurong Ltd. to draw up a regional structure plan for the Greater Hambantota area.
Co-Cabinet Spokesperson, Minister Gayantha Karunathileka has said the programme would cost close to US$ 1 million.
According to reports, the government owned consultancy company focusing on infrastructure and urban development has already developed master plans for both Western Megapolis region and Trincomalee. Also, both parts I and II of the Chinese government funded Special Economic Zone to be managed by the China Harbour Engineering Corporation were reportedly designed by the same company.
Reports further state that the company will be responsible for developing the Greater Hambantota Regional Structure Plan, covering key growth areas of the Hambantota Urban Council, Hambantota Pradeshiya Sabha, Lunugamwehera, Tissamaharama and a part of Monaragala covering land area of 1130 sq. km.
The Daily FT has reported that a further detailed master plan will be developed for the key growth centres covering areas of close to 500 sq. km.
The Cabinet of Ministers has also granted approval to appoint a project steering committee with representatives from the Urban Development Authority, Central Environmental Authority, Sri Lanka Ports Authority (SLPA), National Physical Planning Department (NPPD), and subject ministry to oversee the planning process and provide strategic direction for the project.

OSL take:

The assigning of a Singapore based company to draw up a regional structure plan for Sri Lanka’s southern city of Hambantota indicates the opening up of new investment opportunities in the country. With similar plans been drawn for the Western Province as well as Trincomalee in the East, there will be ample opportunities for foreign companies to engage in businesses/investments in the island nation.

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Article Code : VBS/AT/20180612/Z_2

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