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Megapolis plan presented to President, USD 30bn worth investments in pipeline

President-Maithripala-Sirisena

Dec 31, 2015 (LBO) – Sri Lanka’s President Maithripala Sirisena was presented with the new government’s Megapolis Plan formulated to develop the island’s Western Province by Minister Champika Ranawaka on Wednesday.

Minister of Megapolis and Western Development, Champika Ranawaka said Sri Lanka will be able to get about 30 billion dollars worth investments within next 10 years through this project. The plan aims to transfer informal urban development into formal urban development and boost the living standards of the people n the region.

The Megapolis Development Plan has identified issues that should be given priority in the town development and includes traffic congestion, garbage disposal and housing facilities for slum dwellers as well as drinking water and sanitary facilities, Ranawaka said. “The implementation of the development plan will be carried out under three phases and will be completed by 2030.” Speaking at this occasion, the President said everybody should contribute to make the Megapolis Development Plan, the main development project to be implemented by the government in the new year, successful. “The Megapolis Development Plan will be implemented at the beginning of 2016 and every ministry, department and government officer should fulfill their responsibilities in that regard, considering it as a prominent task,” he said. The President said this plan aims at developing every mega town to a similar level and thereby reduce the number of people who are migrating to Colombo, seeking better facilities.

Ministers Rajitha Senaratne, Susil Premajayantha, Arjuna Ranathunga and Western Province Chief Minister Isura Dewapriya also participated in the event.
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Abdul Hameed
Abdul Hameed
8 years ago

Sri Lanka needs to build largest Construction firm,There should be a stake for Sri Lanka, India, Pakistan, Bangladesh, China, Japan,Phlipines, Indoneasisa, Malaysia. It should be similar to Impregilo of Italy. This company would take in large scale projects. Employing man power from all these countries. Bigger hadder to fail .Because construction of this scale needs a larger firm to handle projects. They also need big financial backing. Megapolis project and India Sri Lanka bridge needs massive employment. This company need future projects too in other countries. .

Mihir Thakkar
Mihir Thakkar
8 years ago
Reply to  Abdul Hameed

India and japan have agreed to.build and finance the india sri lanka bridge and funds on 4.6 billion have been arranged from ADB

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