Sri Lanka ‘plans $5bn PPP programme’

Sri Lanka is preparing to develop a pipeline of US$5bn-worth of PPP projects, according to local press.

The government is aiming to build three new railway routes connecting Colombo with the suburbs, funning from Ragama to Kirulapone via Colombo Fort; Kelaniya via Moratuwa, Piliyandala, and Narahenpita; and Hunupitiya (Wattala) via Kottawa, Pannipitiya and Thalawathugoda.

A senior Treasury official told the Business Times that the plan is for all three lines to be built via PPP, at an estimated cost of $5bn. The government’s share would be around 6% of the total cost.

Last year, the government and World Bank looked to the PPP market to help drive energy efficiency programmes in the country.