ECONOMYNEXT – Sri Lanka’s Cupboard of Ministers has accredited the primary stage of the delayed Central Specific Freeway’s third section after aggressive bidding, Cupboard Spokesman and Media Minister Nalinda Jayatissa mentioned.
The delayed third section is now being constructed from state funds after Japan withdrew from the funding.
The stage 1 of the third a part of the Central Expressway Mission from Pothuhara to Galagedara has been divided into 19 packages, Minister Jayatissa mentioned.
The primary 13.8 km of expressway requires the completion of mixture base course, asphalt concrete, highway marking, set up of signboards, development of buildings for the operation of the expressway, and set up of toll assortment programs to be able to full the primary section.
The federal government known as for nationwide aggressive bids below 3 development packages for the development work.
The Cupboard of Ministers has accredited the proposal to award the contract to the bottom responsive bidder, Maga Engineering (Pvt) Ltd., for all of the packages after appraisal of all of the bids obtained below the suggestions submitted by the high-level standing procurement committee, the Minister mentioned.
The Part 1, spanning roughly 37 km from Kadawatha to Mirigama, has additionally confronted important delay with the estimated value has greater than doubled to Rs. 350 billion by early 2025 as a consequence of delays, foreign money depreciation, and compensation claims from the Chinese language contractor, Metallurgical Company of China (MCC), officers say.
Part 3 initially had Japanese backing—via the Financial institution of Tokyo‑Mitsubishi and contractors like Taisei Corp. and Penta Ocean.
Nevertheless, bid procurement stalled: just one bid was submitted, and it lacked a bid bond, delaying the method.
Because of this, the Japanese withdrew, citing procedural irregularities and lack of agency commitments from Sri Lanka, resulting in an indefinite pause in Japanese participation. (Colombo/August 19/2025)
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