Sri Lanka to spend US$600 million on first rapid transit metro system

Sri Lanka’s Airport Express Air and Rail (AEAR) is planning to build the first rapid transit metro system in the country at a cost of US$600 million. US-based Louis Berger and India-based KPMG Mumbai have been hired to conduct a technical study and a feasibility study for the project. Construction is scheduled to start in early 2013 after approvals are granted and the studies are completed. The system is scheduled to be operational by 2016.
April 3, 2012 Read time: 1 min
Sri Lanka’s Airport Express Air and Rail (AEAR) is planning to build the first rapid transit metro system in the country at a cost of US$600 million. US-based 4736 Louis Berger and India-based 1981 KPMG Mumbai have been hired to conduct a technical study and a feasibility study for the project. Construction is scheduled to start in early 2013 after approvals are granted and the studies are completed. The system is scheduled to be operational by 2016.

For more information on companies in this article

Related Content

  • Business Monitor revises forecast on Russia’s infrastructure sector
    February 14, 2014
    Business Monitor’ latest report on Russia’s infrastructure sector has considerably revised down their construction industry forecast for the country in 2014 in light of recently published lacklustre official data. With a contraction of 1.25 per cent in the first nine months of 2013, they now forecast only moderate growth in the industry of 1.5 per cent for 2014. Although they had anticipated significant growth in the industry as a result of the large investments made for the Winter Olympic Games, this s
    Read More
  • Orange County to manage traffic with trial interoperable CCTV
    September 12, 2014
    Interoperable CCTV can provide early warning of problems and help improve traffic management and incident response as Morteza Fahrtash and Carlos Ortiz explain. California’s transportation system is one of the state’s defining features and Caltrans (California Department of Transportation) strives to improving mobility across the state through the design, construction, operation and maintenance of the network of highway, freeways, toll roads and expressways.
    Read More
  • ITS Australia Global Summit 2023: super-sized
    December 2, 2022
    Four-day Global Summit will be held on 28-31 August, 2023 in Melbourne: accelerating smarter, safer, sustainable transport is focus of next year's expanded event for whole ITS community
    Read More
  • EU to fund common train control system
    April 15, 2015
    The EU's TEN-T Programme is to provide funding of over US$16 million for the development and installation of the common European Train Control System (ETCS) in Belgium, Luxembourg, Denmark and the UK. The new system is expected to improve the interoperability, safety, reliability and capacity on European railways. Seven separate projects aim to contribute to the deployment of the European Rail Traffic Management System (ERTMS) in the EU and enhance interoperability of European rail services. While increa
    Read More

Highlighted Content