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

  • Travel times halve for tolling converts
    August 5, 2013
    The Port Mann Bridge in Vancouver is a prime example of how the latest ITS systems enable new infrastructures to be built and paid for while still providing additional user benefits. Vancouver has 2.2 million inhabitants and, like so many major cities, is divided into two by a river, the Frazer river. This combination makes Vancouver the second most congested city in North America and the most congested in Canada. Through the middle of the city runs the Trans-Canadian Highway 1 which crosses the Frazer Riv
    Read More
  • Moxa receives Aon Hewitt's Best Employer 2016 Award
    September 20, 2016
    Industrial automation solutions provider Moxa has been awarded the Aon Hewitt Best Employer 2016 Award-Asia Pacific 2016, where it scored higher than average performance in the four categories, Employee Engagement, Compelling Employer Brand, Effective Leadership, and High-Performance Culture. Louis Yen, managing director of Aon Hewitt Taiwan, said he was impressed by the efforts Moxa has made to achieve a high level of employee engagement. I feel that the company's unique corporate culture helps Moxa win
    Read More
  • KPMG on Russia’s road infrastructure market prospects
    December 5, 2013
    Research by KPMG has revealed that the Russian road infrastructure market is growing by an average ten per cent per year. The market may total US$43.62 billion by 2020, compared with US$9.9 billion in 2007. According to analysts, only large federal road construction companies are able to achieve the highest profitability. However, such companies will have to reduce costs because contracts are becoming bigger and more complex and include construction of artificial structures, for example. Consolidation of co
    Read More
  • Report analyses multiple ITS projects to highlight cost and benefits
    March 16, 2015
    Every year in America cost benefit analysis is carried out on dozens of ITS installations and pilot studies and the findings, along with the lessons learned, are entered into the Department of Transportation’s (USDOT’s) web-based ITS Knowledge Resources database. This database holds more than 1,600 reports and periodically the USDOT reviews the material on file to draw conclusions from this wider body of evidence. It has just published one such review ITS Benefits, Costs, and Lessons Learned: 2014 Update Re
    Read More

Highlighted Content