header logo
Asia asset finance
Mogo Academy
Latest
Cabinet approval to scrap Light Rail Transit project
Sep 29, 202012:56 PM
Cabinet approval to scrap Light Rail Transit project

The Cabinet of Ministers has given its approval to terminate the Japan-funded Light Rail Transit (LRT) project, which was planned to be implemented in the western region of Sri Lanka as a solution for the severe traffic congestion.

 

The approval of the Cabinet was previously granted to launch the project under the funds provided by the Japan International Cooperation Agency (JICA).

 

However, the observations made by the Minister of Transport have revealed that the project is unable to achieve the desired results.

 

Taking into account the following submissions made by the Transport Minister as the minister in charge of the project, the Cabinet of Ministers has decided to terminate the LRT project stretching from Colombo to Malabe:

 

• The basic plan of the project had proposed to build a light rail system with facilities to travel along the overland railway tracks as an alternative mode of transport for people who enter the city of Colombo for employment and other needs, using their personal vehicles.

 

• However, the former government had altered the initial plans and took measures to implement the proposed light rail transit system on a railway line built on towers which could cause severe environmental damage.

 

• If the project is implemented, a large number of properties including houses, workplaces will have to be demolished and the cost for constructing the towers for the light railway system will be sky-high.

 

• In addition, the trains which were to be put in place to operate under the proposed Light Rail Transit system as an alternative mode of transport are unable to provide the required facilities.

 

• Further, it has been observed that if the Light Rail Transit project implemented, it will incur a heavy operating cost.

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Farmers stage protests urging govt. to purchase paddy at a fair price

Farmers stage protests urging govt. to purchase paddy at a fair price

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Lassana Flora