Cruising South

L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.


The first phase of the Colombo-Matara Highway kicked off today with the contract handed over to Japanese based construction company, Kumagai-Gumi.
The first phase of the four-year project is being entirely funded by the Asian Development Bank at a cost of Rs.
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8.6 bn.rn

rnThe four-year project comes at a total cost of Rs. 21 bn, with the entire 133 Km stretch split up into two phases of construction.

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rn

rnldblquote The second round of funding for the second 67 km stretch of highway will be from the Japan Bank for International Co-operation (JBIC) dblquote , Secretary to the Transport Ministry, Upasena Senanayake said today.rn

rnSplit up into two phases, work will begin on the first 66 km stretch from Kottawa in the Colombo district to Kurundugahahetapma, in three months.rn

rnThe second 67 Km stretch of highway extends from Kurundugahahetapma to Godagama in Matara. The whole expressway will be linked to the Colombo Outer Circular Highway.rn

rnldblquote The pre-qualification of contractors for t

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