Friday, March 13

Tag: champika ranwaka

Govt. green-lights PPP for Port City tunnel link
Business, Main Story

Govt. green-lights PPP for Port City tunnel link

CHEC Port City Colombo to get first dibs on contract for BOT Tunnel to link country’s road network with Chinese built Port City, connecting Airport Highway to Marine Drive Feasibility studies have already commenced sponsored by CHEC Port City Colombo MOU to be signed with CHEC Port City Colombo and Megapolis Ministry to ensure exclusivity of company when project is awarded By Chathuri Dissanayake The Government has green-lighted a proposal by the Ministry of Megapolis and Western Development to enter into a public-private partnership (PPP) with Port City developer CHEC Port City Colombo Ltd. to build a tunnel linking the road network of the mainland and an artificial island. A proposal presented by Minister Champika Ranwaka seeking approval to enter into a PPP to carry ou...