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Cabinet Approves Contracts for Rs. 112 Billion Rambukkana-Galagedara Central Expressway Section Funded Domestically
The Pulse
PoliticsEconomyHOT2h ago

Cabinet Approves Contracts for Rs. 112 Billion Rambukkana-Galagedara Central Expressway Section Funded Domestically

TLDR

  • Cabinet approves Rs. 112B Rambukkana-Galagedara expressway, funded locally.

  • Seven contract packages for 13.8km stretch; Package 2A costs Rs. 14.9B.

  • Bids called for Packages 2A-2F; six bidders for most.

The Cabinet has approved the next phase of the Central Expressway, covering the Rambukkana–Galagedara stretch. This significant infrastructure development will cost Rs. 112 billion and will be financed entirely by the Government of Sri Lanka without resorting to new loans. Minister of Transport and Highways Bimal Rathnayake stated that this marks a milestone in the country’s economic recovery. He described the project as a funded reality, demonstrating the nation's economic strength.

2 Updates

Update #3\u00b7 May 12 · 10:16 AM

Following Cabinet approval, bids have been called for specific contract packages for the Rambukkana to Galagedara section of the Central Expressway. Packages 2A, 2B, 2C, and 2F each have six bidders, while Package 2D has five bidders. This is part of the Rs. 112 billion, domestically funded project.

Update #2\u00b7 May 12 · 9:03 AM

Following Cabinet approval, contracts are being awarded for the Rambukkana to Galagedara section (Section 3, Phase 2) of the Central Expressway. This section spans 13.8 km to 32.45 km. The project, estimated at Rs. 112 billion and funded domestically, will be implemented through seven contract packages, with Package 2A construction costing Rs. 14.90 billion (excluding VAT).

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