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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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4 posters

    Sri Lanka’s longest Rajagiriya overhead bridge work commences

    avatar
    roshana7549


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    Sri Lanka’s longest Rajagiriya overhead bridge work commences Empty Sri Lanka’s longest Rajagiriya overhead bridge work commences

    Post by roshana7549 Wed Jun 08, 2016 1:32 pm

    June 08, 2016 (LBO) – Construction work on Sri Lanka’s Rajagiriya overhead bridge was inaugurated on Monday by Harsha de Silva, the deputy minister of foreign affairs, and Lakshman Kiriella, minister of higher education and highways.

    The 534-metre long, four-lane bridge will be the longest in the country, and the first phase of the project is expected to be completed by the end of next year, de Silva said. The second stage is scheduled to be completed in late 2018.

    It is estimated that more than one hundred thousand vehicles cross the Welikada Junction in Rajagiriya daily.

    About 30,000 vehicles enter Colombo city daily using this main road; 17,000 of these vehicles directly travel towards Colombo without using by-roads, and the rest use by-roads.

    “When these vehicles enter into the main road from by-roads, it causes delays for the vehicles which are traveling on the main road. Therefore our expectation is to use this flyover for the vehicles which travel directly to Colombo and for those which travel from Colombo to Battaramulla,” de Silva said.

    “The experts in the field of transportation have stated that this will be a solution for the heavy traffic in the city.”

    The average speed of a vehicle from Diyatha Uyana to Devi Balika Vidyalaya is about 2.5-3 kilometres per hour during heavy traffic congestion. In the evening, this speed is about 9 kilometres per hour.

    It is estimated that the speed for the section from Diyatha Uyana to Devi Balika Vidyalaya would increase to 20 km per hour with the bridge in place.

    This project will be funded under the relief credit line by the government of Spain and the value of the investment will be around 5 billion rupees.

    Seventy percent of this amount will be obtained at the relief interest rate of 0.15 percent for a 40-year period with a grace period of 4 years.

    The remaining 30 percent will be obtained at the interest rate of 1.95 percent. This amount should be paid back within 13 years with a grace period of 03 years.
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
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    Top contributor


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    Sri Lanka’s longest Rajagiriya overhead bridge work commences Empty Re: Sri Lanka’s longest Rajagiriya overhead bridge work commences

    Post by කිත්සිරි ද සිල්වා Wed Jun 08, 2016 1:55 pm

    Thanks Roshan. Very Happy
    (Any idea who is the local builder got the contract?)
    avatar
    guruji


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    Sri Lanka’s longest Rajagiriya overhead bridge work commences Empty Re: Sri Lanka’s longest Rajagiriya overhead bridge work commences

    Post by guruji Wed Jun 08, 2016 3:05 pm

    Nayatama kamu hamadaama goda yaamak naaa,,parampsra hathatama naya
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    balapas
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    Sri Lanka’s longest Rajagiriya overhead bridge work commences Empty Re: Sri Lanka’s longest Rajagiriya overhead bridge work commences

    Post by balapas Wed Jun 08, 2016 7:36 pm

    Original plans

    http://mirrorcitizen.dailymirror.lk/2015/07/02/more-fly-overs-for-colombo/


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    Sri Lanka’s longest Rajagiriya overhead bridge work commences Empty Re: Sri Lanka’s longest Rajagiriya overhead bridge work commences

    Post by Sponsored content


      Current date/time is Fri Nov 15, 2024 10:54 pm