Deputy Minister of Road and Transportation and Managing Director of Iran’s Rail Road said Iran is ready to cooperate with Sri Lanka on construction and development of railway there.
To follow the signed agreements between the two countries in the year of 2008, Hassan Ziari discussed the issue of cooperation on rail transportation with his Sri [...]
The Indian Railways recently signed an inter-governmental agreement on Trans Asian Railway Network (TARN). This agreement on TARN has been approved under the aegis of the United National Economic and Social Commission for Asia and Pacific (UNESCAP). This dream project is likely to cost about Rs 3,000 crore to the Indian Railways in particular.
According to Railway [...]
A first in Sri Lanka but long overdue project amounting to Rs. 3 billion of railway electrification was proposed by the Institute of Engineers, Sri Lanka (IESL) yesterday.
This was revealed at the launch of “Air, Maritime and Rail Transportation in Sri Lanka”, by IESL which is the fifth publication launched by the Institution following the [...]
Russian investor keen to develop Bambalapitiya Railway Station
The Project Plan Envisages:
US$ 50 million project development plan
36 Storey building complex with modern facilities
World Class Shopping Malls
A Russian investor has submitted a US$ 50 million project proposal to the Transport Ministry to redevelop and modernise the Bambalapitiya Railway Station following a recent feasibility study, The Nation Economist [...]
The other major development projects envisaged by the Government are a second seaport in Sri Lanka in Hambantota and a second international airport. Railways are another sector where there is great potential for private sector investment in terms of developing a new railway system.
We are now carrying out a detailed feasibility study on establishing a [...]
