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Central Expressway Project 3 – Phase II (Rambukkana to Galagedara)

Central Expressway Project 3 – Phase II (Rambukkana to Galagedara)

The Central Expressway Section 3 – Phase II (Rambukkana to Galagedara) offers a strategically positioned Public-Private Partnership (PPP) investment opportunity within Sri Lanka’s national expressway network. Covering 18.65 km of dual carriageway, this phase follows the near completion of Phase I (Potuhera to Rambukkana – 13.8 km, due by end-2026) and is scheduled for public operation in early 2027.
The project structure allows private investors to participate through a long-term concession agreement, backed by government support, and favourable risk allocation. Revenue will be primarily generated via tolling operations, offering predictable cash flows supported by strong traffic growth forecasts driven by regional trade expansion, tourism, and rising commuter volumes.
Strategically located along key industrial, agricultural, and tourism corridors, the expressway is expected to deliver attractive long-term returns supported by increasing vehicular demand and efficient operational management, making it a compelling opportunity for institutional investors, infrastructure funds, and strategic partners seeking exposure to Sri Lanka’s transportation sector.

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LOCATION : Rambukkana to Galagedara
SECTOR : Infrastructure Development
PROJECT VALUE : Contact OSL
INVESTMENT TYPE : Contact OSL
RETURN ON INVESTMENT : Contact OSL
INTERNAL RATE OF RETURN : Contact OSL
ACCOUNTING RATE OF RETURN : NA
OPPORTUNITY CODE : VBS/OP/20250618/X_1

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