Saturday 21 March 2015

Access Engineering responds to BIA runway extension cancellation story

In response to reports that the contract to extend the runway at the Katunayake International Airport awarded to Access Engineering PLC has been cancelled by the government due to it not possessing the experience to undertake the contract, Access Engineering has issued the following statement:"





Source: http://www.adaderana.lk/bizenglish/access-engineering-responds-to-bia-runway-extension-cancellation-story/

Sri Lanka’s government cancels USD 85 million BIA runway extension contract to Access Engineering

A decision has been taken to cancel the USD 85 million contract to Access Engineering Limited for the extension of the Katunayake International Airport runway, said Cabinet spokesman Health & Indigenous Medicine Minister Dr. Rajitha Senaratne.



 Minister Senaratne said during the media briefing to announce Cabinet decisions that Access Engineering did not have the required experience to handle this project.



 He added that it has been confirmed that this contract had been offered without the necessary tender procedures being adhered to and without transparency.



 Hence, the Cabinet has approved the proposal submitted by Ports and Aviation Services Minister Arjuna Ranatunga to cancel this contract."



Sourse:http://www.adaderana.lk/bizenglish/sri-lankas-government-cancels-usd-85-million-bia-runway-extension-contract-to-access-engineering/

Wednesday 18 March 2015

Chinese PM to discuss suspended project with the President

 "Chinese Prime Minister Li Keqiang is likely to have friendly discussions with President Maithripala Sirisena who is scheduled to visit China later this month and negotiations with respect to the suspended Colombo Port City Project (CPCP) will be a high priority topic, Ada Derana learns.



 Chinese officials are also confident that constructions of the CPCP will be re-commenced soon as it is important to keep the momentum of the large number of Chinese investors up.



 The officials say that they are deeply concerned about the suspension of the CPCP and the new Government’s decision would send negative signals among the Chinese investors who intend to invest in Sri Lankan soil.



 In a bid to provide more opportunities to locals in the Chinese funded projects in Sri Lanka, the China’s National Development and Reform Commission (CNDRC) has plans to provide a six months training to local workers, it was also reported.



 The CNDRC asserted that investment policies of the Sri Lankan Government should be more consistent for the Chinese companies to reconsider when investing in Sri Lanka."



Sourse- http://www.adaderana.lk/bizenglish/chinese-pm-to-discuss-suspended-project-with-the-president/

Port city filing continues to prevent erosion

The work on the Port City Project had been suspended but the filling of reclaimed lands is continuing on the request of the Chinese contractor to prevent sea erosion during the monsoon, Ports, Shipping and Aviation Minister Arjuna Ranatunga said today. 

He told journalist that a final decision on the project would be taken based on the report of the committee investigating the details of the controversial project.

“There are a few vital issues to be addressed such as the environment impact and the feasibility of the project. Unfortunately the previous government has looked into the impact from this project and we cannot proceed till we address those issues. The contractor -- Chinese Communication Construction Company (CCCC) is aware of our concern and the reason for suspension of the work,” the minister said.



He said the project was launched just on the whims of former President Mahinda Rajapaksa who was reported to have said, ‘I want an island here’ without checking the Environment Impact Assessment or Feasibility.

He said the project was launched just on the whims of former President Mahinda Rajapaksa who was reported to have said, ‘I want an island here’ without checking the Environment Impact Assessment or Feasibility. -

“We will revisit the entire project, redraw the plans if necessary and attend to all issues raised by many groups before restarting the construction work on the full agreement of the CCCC,” he said. 


- See more at: http://www.dailymirror.lk/66727/port-city-filing-continues-to-prevent-erosion#sthash.NTSLEssv.dpuf