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sashimaal
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Mon Oct 19, 2015 9:22 pm
Message reputation : 100% (3 votes)
Oct 19, 2015 (LBO) – Sri Lanka’s investment promotion bureau said that the government plans to make a request for proposals this month to build a monorail or mass rapid transit system (MRT) that spreads out from Colombo Fort.

“RFPs for the monorail project will be out within a week,” Upul Jayasuriya, chairman of the Board of Investment told reporters on Monday at a forum organized by the Sri Lanka – Germany Business Council of the Ceylon Chamber of Commerce.

“It will be either monorail or a MRT and we have not confirmed yet for which the investment going to be made. It will all depend on the proposals and cost effectiveness,”

“At the moment the government is looking at it in open mind.”

Although monorail typically requires public investment due to the difficulty in covering investment costs, the BOI appears to be calling for private sector proposals in the hope the hopes of settling for a public-private partnership.

He said the project has been estimated to cost 1.9 billion US dollars by the Japan International Cooperation Agency. JICA’s transportation plan envisages monorail from Malabe to Colombo Fort and to Colombo North.

BOI expectations are for the monorail or the MRT to be built from Moratuwa to Colombo Fort, Baththaramulla to Colombo Fort and Negombo to Colombo Fort.

The project will take four years to be completed, Jayasuriya said.

He added that the project will be done on a build-operate-transfer basis with “no financial drain on the government.”
Leon
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Re: Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Tue Oct 20, 2015 4:52 am
Message reputation : 100% (3 votes)
At last.
Now authorities should not kneel down for the Bus Mafia. Make correct policy changes irrespective of short term shocks.
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Re: Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Tue Oct 20, 2015 5:58 am
Message reputation : 100% (2 votes)
Very right Leon.
Bus, Trade Union and other Mafia should not be allowed to dictate terms, if we need rapid progress.
Thanks sashi. Very Happy
Leon wrote:At last.
Now authorities should not kneel down for the Bus Mafia. Make correct policy changes irrespective of short term shocks.
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Admin
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Re: Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Tue Oct 20, 2015 6:51 am
Moved to the correct section
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yellow knife
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Re: Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Tue Oct 20, 2015 7:06 am
Message reputation : 100% (2 votes)
He added that the project will be done on a build-operate-transfer basis with “no financial drain on the government.


If we learn lessons from South Korea, this should be built by a Sri Lankan firm and if we learn from Malaysia this should be built by Japan , Korea, China or any other
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poor boy
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Re: Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Tue Oct 20, 2015 7:47 am
Message reputation : 100% (1 vote)
good plan but i doubt about the ability of yahapala government. As kithsiri is saying these buggers are a set of NATO boys only.
I borrowed the word NATO from Kithsiri.(no action talk only boys)
Leon
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Sri Lanka to build a monorail, calls for proposals this month: BOI Chief Empty Re: Sri Lanka to build a monorail, calls for proposals this month: BOI Chief

Tue Oct 20, 2015 7:57 am
Message reputation : 100% (1 vote)
poor boy wrote:good plan but i doubt about the ability of  yahapala government. As kithsiri is saying these buggers are a set of NATO boys only.
I borrowed the word  NATO from Kithsiri.(no action talk only boys)

Definitely.
That word is such a powerful/usable one.
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