Colombo Monorail
The Colombo Metro is a proposed metro system to be built in Colombo, Sri Lanka. The project is estimated to cost $1.3 billion.[1]
Sri Lanka is likely to opt for a 1.3 billion US dollar monorail mass transit system with Japanese finance to cut traffic congestion and boost mobility in the capital Colombo, It involves a line running from Malabe, Talahena, Robert Gunawarden Mawatha, National Hospital, Union Place, World Trade Centre, Colombo Fort and Kotahena. A link is also planned from Kollupitiya to National Hospital. A second stage will involve a line running from Kotahena to Kelaniya. A multimodal hub in Colombo's Pettah area is likely to cost another 175 million US dollars. Traffic masterplan done by Oriental Consultants of Japan also included linking other modes of transport to the rail system including bus-rapid-transit (BRT) and existing broad-gauge railways. The Japan International Co-operation Agency is willing to fund the first phase The monorail is likely to take up to eight years to build with about three years of pre-construction work including design and five years for construction The government (tax payers) will have to bear the capital cost capital of building the line
References
- ^ "Sri Lanka to build US$1.3bn monorail with Japan finance". lankabusinessonline.com. Retrieved 2014-03-15.