Opening of Outer Circular highway’s Kaduwela-Kadawatha stretch delayed

The Kaduwela to Kadawatha 8.9 kilometre stretch of the Outer Circular highway which connects the Southern Expressway at Kottawa under its second phase and on which the former government had already started work and was scheduled to be completed and declared open this month (May) has been reportedly been delayed till June.



 A spokesman from the Highways and Investment Promotion Ministry said since the construction work could not be completed by end May this section would be definitely declared open by mid June.

The government has planned to begin construction on the 9.32 kilometre stretch of this highway from Kadawatha to Kerawalapitiya under the third phase very soon.

Yesterday (25 May) while quoting a spokesman from the Metallurgical Corporation of China Ltd. (MCC) which is the main contractor of the third phase of the Outer Circular highway, the Chinese embassy in Colombo stated that the allegation of the costs of this project rising was false.



 Once the third phase of this highway is completed, anyone arriving from the Southern Expressway could directly proceed to Katunayake.

The complete distance of the Outer Circular highway is 29.1 kilometres."



Source: http://www.adaderana.lk/bizenglish/opening-of-outer-circular-highways-kaduwela-kadawatha-stretch-delayed/

Shangri-La launches Rs. 200 million luxury apartments in Colombo

The Hong Kong based Shangri-La Group has launched its luxury apartments being constructed under its USD 450 million investment mixed development project at Galle Face in Colombo.

The prices of these luxury apartments range from USD 700,000 (approximately Rs. 95 million) to USD 1.5 million (approximately Rs. 204 million) each, says Shangri-La.



 According to the developers, the smallest apartment is some 1,700 square feet.

Under this Shangri-La project, 406 apartments, a luxury hotel and shopping and office complex are to be constructed.

The luxury hotel comprises 540 rooms and the shopping complex would be 50,000 square feet in extent.

The floor extent reserved for office facilities is 125,000 square feet.

Shangri-La Hotel in Colombo is to open during the second quarter of 2017 and the apartment complex during the final quarter of the same year."



Source:http://www.adaderana.lk/bizenglish/shangri-la-launches-rs-200-million-luxury-apartments-in-colombo/

New government gets involved in Kottawa New City’s transport hub

The new government is preparing to offer the contract for the multipurpose transport hub and city proposed by the earlier government to be constructed at Makumbura in Kottawa funded by the Japan International Cooperation Agency (JICA), to Sierra Construction (Pvt) Ltd which has submitted the lowest quotation.

Cabinet has approved the proposal in this regard submitted by Urban Development, Water Supply & Drainage Minister Rauff Hakeem.



 The Makumbura New City is to be reportedly transformed into a transportation hub catering to the needs of commuters by linking bus and railway transport needs of the public.

A passenger bus terminal, a railway station, bus/hiring vehicle parking place and the necessary road system would be constructed under this proposed project, said the new government.

During the former regime, 25 acres of land at Makumbura in Kottawa were acquired by the Urban Development Authority for this multipurpose transport hub.



 The Kottawa-Maalapalla railway track was also proposed to be extended to this new station.

According to plans, the High Level road is to be diverted on pillars at this location.



Source: http://www.adaderana.lk/bizenglish/new-government-gets-involved-in-kottawa-new-citys-transport-hub/