News about Megapolis and other infrastructure projects in Sri Lanka
Transport master plan
After almost five months hiatus since the launch, the Megapolis team this week unveiled its US $ 11.5 billion transport master plan spanning over 20 years, in an attempt to make a model shift from the private to public transport in the Colombo Metropolitan Region (CMR), which currently is in a dismal state. Over the years Sri Lanka’s share of public transportation has come down to 52 percent while the share of private transport has increased to 48 percent and the situation is getting worse by the day, said Professor Saman Bandara, a consultant and a core member of the transport committee in the Western Region Megapolis Planning Project (WRMPP).
CICT becomes first terminal operator in Colombo to implement ‘e Boat Notes
Colombo International Container Terminals (CICT) has become the first terminal operator in the Port of Colombo to implement ‘e Boat Notes’ in collaboration with Sri Lanka Customs, breaking new ground in efforts to reduce paper in export documentation.
Sri Lanka drops Bus Rapid Transport proposal from Megapolis
June 02, 2016 (LBO) – The transport committee of Sri Lanka’s Western Megapolis has dropped an earlier proposal to introduce a Bus Rapid Transport (BRT) system due to reasons including inability to add additional bus lanes.
Sri Lanka signs MOU with Siemens to develop Megapolis smart cities
May 30, 2016 (LBO) – Siemens, a German electronics and industrial conglomerate, has signed a memorandum of understanding with the Megapolis Ministry to offer sustainable, smart city solutions for Sri Lanka.
Innovative Sri Lanka
Denmark for instance showed how innovation led the country being not only one of the most developed in the industrialised world but with a ‘happy’ population plus a good place to do business.
Norweigan State Secretary Visits
Foreign Minister Samaraweera briefed the State Secretary on the latest developments in Sri Lanka including the ongoing reconciliation process and constitutional drafting processes and Sri Lanka’s socio- economic development. The prospects for cooperation with Norway, in the areas of solar power, gas and oil, fisheries development, and foreign direct investment were also discussed. The visit of the Norwegian State Secretary would pave the way for further strengthening of the close and friendly relations that the two countries have shared over the years.
What’s In Store For The Colombo Transport Plan?
If there is one thing all Sri Lankans can agree on irrespective of political differences, it’s that public transport in this country is in need of a serious upgrade – particularly in the Western Province, where simply getting from A to B has become a daily nightmare thanks to the sub-par bus and railway services currently in operation, as well as the seemingly exponential increase in the number of vehicles on the road.
Sri Lanka to sign MoU with Singapore’s Surbana Jurong to develop Trinco
Jun 01, 2016 (LBO) – Sri Lanka’s Minister of International Trade said that Surbana Jurong, a firm specializing in urbanization and infrastructure development, will sign a memorandum of understanding with the government to develop Trincomalee.
S. Korea signs MOU to develop new towns in Sri Lanka
South Korea is expected to participate in a $17 billion urban development project in Sri Lanka that will create new towns in the Sri Lankan capital of Colombo and its adjacent areas.
Newsletter with previous articles
SSLBC newsletter with more articles
Projects Identification Report
Report with many of the projects
Sweden-Sri Lanka Business Council
The purpose of Sweden Sri Lanka Business Council (SSLBC) is to promote business, friendship, goodwill and understanding between Sweden and Sri Lanka through personal networks and contacts.
SSLBC shall create contacts with relevant trade associations, business intermediaries and companies in both countries in order to encourage business and trade between Sweden and Sri Lanka.