Sri Lankan government receives nine EOIs to study light rail transit link
Megapolis and Western Province Development Minister Patali Champika Ranawaka says that Sri Lanka has received responses from nine parties for expressions of interest (EOIs) called to study five light rail transit (LRT) links for the capital Colombo.
Ranawaka has told the media that those who have responded are Alsthom of France, Bombardier Canada, as well as several Chinese parties, and firms from Korea, Japan and India.
According to reports, two of the key links are to be built with a loan from the Japan International Co-operation Agency. It includes the city’s most crowded transport corridor leading from the central business district to Malabe.
The other five corridors are to be built as privately finance build operate transfer (BOT) projects.
The Minister has said the responses are being evaluated and the parties will be called for discussions shortly.
The interest shown by Alsthom of France, Bombardier Canada indicates the opening up of opportunities for foreign companies to invest in Sri Lanka. With leading international brands expressing interest in Sri Lanka’s proposed LRT project other interest parties as well as business engaged in providing supplementary facilities for such projects could look at the opportunities in the sector.
|Article Code :||VBS/AT/30102017/Z_1|