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Agreement signed for Malabe - Fort light rail train project ... with biggest investment in history
Signing the agreement for Malabe - Fort light rail project which is the biggest investment by a government in history took place yesterday (13) at Megapolis and Western Development Ministry situated in Battaramulla. The value of the investment runs into 2200 American dollars.
Secretary, messrs. Nihal Rupasingha of Megapolis and Western Development Ministry and general
manager in charge of south Asia zone of Oriental Consultants Global Company, Rohei Ishi placed their signatures at this agreement. This loan will be offered at a ratio of a very minimum interest rate of 0.1% under Japan Jica and a period of 12 years will be allotted for the loan to be paid. This project is expected to be the handed over to public by 2024; thus launching a revolutionary transformation in the field of transport. Mr. Patali Champika Ranawaka, minister of megapolis and western development and others participated on this occasion.
manager in charge of south Asia zone of Oriental Consultants Global Company, Rohei Ishi placed their signatures at this agreement. This loan will be offered at a ratio of a very minimum interest rate of 0.1% under Japan Jica and a period of 12 years will be allotted for the loan to be paid. This project is expected to be the handed over to public by 2024; thus launching a revolutionary transformation in the field of transport. Mr. Patali Champika Ranawaka, minister of megapolis and western development and others participated on this occasion.
