Beira Lake to be developed into Commercial hub in Colombo

Jun 13, 2018 (LBO) – Over 200 acres of land around the Baire Lake in Colombo 02 belonging to the Ports Authority, Sathosa and Transport Ministry are being developed as Commercial hub, the ministry of Megapolis and Western Development said.

Speaking at the launch of a three kilometre linear park along Beira Lake Megapolis Minister Patali Ranawaka said two 2.5 kilometre walk ways from Vauxhall street to Peoples Bank HQ and another from Gangarama temple to Hilton hotel will also be built soon.

Under the proposed new development in the area on the other side of DR Wijewardane Mawatha the railway station will also upgraded as a main transport hub.

“The first stage is already under way starting from Charmers canaries – the Mannig market is already there but we will be moving this,”

The banks of Beria Lake will be developed initially before executing the development activities on the land adjoining the lake whilst improving the quality of environment and beauty of the city.

Meanwhile the Cabinet also granted approval last week to carry out the development of the banks of the lake clearing all nearby slum dwellings, controlling water pollution and safeguarding natural environment.

The people in the area have been re housed in Dematagoda.

World bank part sponsored the funding of the project and the and the rest will from the government.