US based General Electric Company wins bid to provide 12 locomotives to Sri Lanka Railways
Sri Lanka’s Government Information Department has reportedly stated that the US based General Electric (GE) Company has won a US$ 48 million deal to supply locomotives for the Sri Lanka Railway Department.
According to the statement, GE would be paid a sum of US$ 4.056 million each for 12 locomotives.
The locomotives once delivered to Sri Lanka are to be deployed in the country’s upcountry railway route.
OSL take:
The government of Sri Lanka is currently focusing on upgrading its public transport systems. The purchase of 12 locomotives from General Electric Company for Sri Lanka Railways is part of this programme. The government is also in the process of purchasing new electric buses for the Sri Lanka Transport Board. Given the government’s latest programme, it would give an opportunity for foreign companies engaged in providing modern transport solutions to propose new as well as cost effective methods to upgrade Sri Lanka’s public transport system more efficiently.
| Article Code : | VBS/AT/20180222/Z_4 |