The road development authority (RDA) in Sri Lanka is planning to use build, own, operate and transfer (BOOT) model to bring private investment in the highway sector. The RDA wants to introduce a private-public partnership (PPP) for an elevated highway from Orugodawatte to Rajagiriya project.
The project involves works of built, own, operate and transfer of elevated highway from Orugodawatte to Rajagiriya in Colombo. The first section of the project is 6 kilometers long. The estimated investment for the project is LKR 50 billion (US$ 274.93 million), but this number is likely to overshoot as the cost of utility transfer for the project is about LKR 12 billion (US$ 64.98 million).
RDA has shortlisted nine contractors based on the process done in 2017. The concession period for the project might be 15 to 20 years.
Country updates
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