Sri Lankan Infrastructure and development thread (rail,road,skyscrapers etc etc)

[Gibbs]

 

[TopCat]

Does China have a share in this useless tower for ordinary Srilankan?

If it was up to me i'd get rid of all the tuk tuk's, Bloody menace they have become, Two issues remain though

Will India pressurize the govt against this given they immensely benefited by flooding the roads with their tin death traps over the years and fear of loosing a major export market, And Why would Bangladesh accept 2nd hand Indian tuk tuk's ? @Godman @Nilgiri @bluesky@Bombaywalla

Where did you get BD accept 2nd hand indian tuk tuk?

 

[Nilgiri]

Where did you get BD accept 2nd hand indian tuk tuk?

Just look at any street scene in BD on youtube, 2nd hand is extremely rare...its more like 4th or 5th hand...

 

[Godman]

 

[Gibbs]

Does China have a share in this useless tower for ordinary Srilankan?


Where did you get BD accept 2nd hand indian tuk tuk?

It"s as useless as CN Tower or the Tokyo tower or the Seattle space needle or the KL tower etc etc etc.. But then what does bottom feeders of a swamp know about the importance of a communication infrastructure, Best first try and get a proper tarmac for your rickshaw pullers to run on

2nd hand tuk tuk's are too good for you lot atleast get them to get your poor beasts of burden off the what you call your street's, This is the 21st century have some shame

 

[TopCat]

It"s as useless as CN Tower or the Tokyo tower or the Seattle space needle or the KL tower etc etc etc.. But then what does bottom feeders of a swamp know about the importance of a communication infrastructure, Best first try and get a proper tarmac for your rickshaw pullers to run on

2nd hand tuk tuk's are too good for you lot atleast get them to get your poor beasts of burden off the what you call your street's, This is the 21st century have some shame

CN Tower or the Tokyo tower or the Seattle space needle or the KL tower

Thats why you are unable to pay back debt. Borrow money beyond your means to build something which does not go along with the development state.
In BD we keep a delicate balance on what we earn and what we spend.

 

[Gibbs]

CN Tower or the Tokyo tower or the Seattle space needle or the KL tower

Thats why you are unable to pay back debt. Borrow money beyond your means to build something which does not go along with the development state.
In BD we keep a delicate balance on what we earn and what we spend.

Delicate balance of animals of burden, Try and get out of the bottom of the pile before questioning others who are 50 years or more ahead of you.. Silly Bongle

 

[TopCat]

Delicate balance of animals of burden, Try and get out of the bottom of the pile before questioning others who are 50 years or more ahead of you.. Silly Bongle

When is your next IMF payment due?
50 years more ahead.... .. talking a punny sri lanaka

 

[Gibbs]

When is your next IMF payment due?
50 years more ahead.... .. talking a punny sri lanaka

Bottom feeders and LCD's dont get IMF program's silly Bongle they get handouts..

Btw you're right i guess this is what you lot can afford for a tower..

Try and learn to crawl before asking others on how they run, Silly Bongle discussing development of this magnitude is beyond you.. Come back in like 75 years..

 

[Godman]

CN Tower or the Tokyo tower or the Seattle space needle or the KL tower

Thats why you are unable to pay back debt. Borrow money beyond your means to build something which does not go along with the development state.
In BD we keep a delicate balance on what we earn and what we spend.

The Lotus Tower should have a very high rate of return. Its situated right next to a proposed LRT station and the Beira Lake which is currently being cleared. The area is being turned into an entertainment area with parks, malls etc.

Also the Lotus Tower is not a communication tower alone. Its a mixed use building and has half a dozen floors in the podium which will have shopping facilities convention centers etc. You can clearly see it.

There are a large no. of Hotels and apartments coming up in the area and thus the Tower is in the best position

 

[Nilgiri]

In BD we keep a delicate balance on what we earn and what we spend.

No one gives a crap what balance you think you have given this severe cost that will deflate your economy quite soon (real household income declining):

https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/

 

[Godman]

Sri Lanka paves first road with plastic waste
Oct 03, 2018 17:14 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka has surfaced the first road with asphalt mixed with non-recyclable plastic waste, in a suburb of the capital using an internationally accepted practice, a Colombo-based engineering firm said.

Asset group, which has interests in engineering and real estate said a 500 metre road from Ratmalana to Borupana, South of Colombo had been paved with an asphalt mixture containing shredded and molten plastic extracted from municipal waste.

Non-recyclable plastic waste is taken from municipal waste (in Sri Lanka plastic, paper and food waste is now separated in households) shredded and heated with aggregates at 165 degrees centigrade.

"The molten waste-plastic-mix coats the heated aggregates before being coated with bitumen," the firm said.

"The new material – waste plastic modified asphalt concrete mix – will be applied for surfacing of roads under 150 degrees centigrate temperature. "

The firm said the plastic asphalt mixture not only solves the waste problem but cuts road construction costs and makes the pavements more durable.

Tests are conducted on the pilot project, the company said.

"Similar waste plastic modified asphalt mixes are successfully applied to road surfacing in countries such as UK, Canada, Netherlands, Philippines, India and Indonesia," the firm said.

"… Asset Group believes that it would make a significant impact in the road construction sector, while becoming a catalyst for environmental sustainability in the long run."

Asset group said Sri Lanka's municipal waste had reached 6,500 to 7000 tonnes per day by 2015, with 60 percent coming from the Western province. An estimated 794 tonnes of plastic waste was generated each day, the firm said. (Colombo/Oct03/2018)
https://economynext.com/Sri_Lanka_paves_first_road_with_plastic_waste-3-12099-4.html

The New Kelani Bridge

After the Bridge is completed this starts

ADB approves $300 mn loan to Sri Lanka for the construction of elevated highway linking capital to New Kelani Bridge

Manila: Board of Directors of the Asian Development Bank (ADB) has approved a $300 million loan to Sri Lanka for the construction of an elevated highway linking capital Colombo to a new bridge being constructed across the Kelani River.

The loan facility will finance the construction of about 5.3 kilometers (km) of elevated toll highway with related facilities between the New Kelani Bridge (NKB) and Galle Face in central Colombo in Sri Lanka.

The new highway is expected to ease traffic congestion, improve connectivity, and facilitate trade logistics in the country, the ADB said in a statement today.

"Improved connectivity and infrastructure development are essential if Sri Lanka is to reach its potential as a trade and logistics hub in South Asia," said ADB Senior Transport Specialist for South Asia Mr. Kanzo Nakai. "The new highway will help provide a direct link to the city center and the port from the Colombo-Katunayake Expressway through the NKB, improving connectivity and contributing to growth."

In 2016, the port of Colombo handled about 1.3 million 20-foot equivalent units (TEUs) of gateway container cargo, which could double to 2.5 million TEUs in 2030 as Sri Lanka continues to grow. The port, however, is only serviced by a four-lane, ground-level access road passing through its main gate, which intersects with Baseline Road, one of the busiest trunk roads in Colombo. This leads to serious traffic congestion in the city and holds back trade and mobility.

The 5.3-km elevated toll highway to be built as part of the South Asian Subregional Economic Cooperation (SASEC) Port Access Elevated Highway Project will include related road facilities including an advanced electronic toll collection (ETC) system, which will eventually be installed on the entire expressway network.

The project will also upgrade 1.4 km of the ground-level port access road from four to six lanes, while a maritime facilitation center will be constructed to provide better services to port users and relocate and gather the administrative and operational functions of the port, many of which will be affected by the construction of the elevated highway. The project also contributes to regional connectivity and trade, in line with SASEC's goals.

Additionally, ADB will provide a $500,000 technical assistance for the Expressway Operations Improvement component of the project, which will strengthen the operational capacity of the expressway regarding its toll rate policy and the ETC system.

The Japan Fund for Poverty Reduction, financed by the Government of Japan, will also provide a $1.25 million grant to support trade logistics facilitation for customs modernization.

The total cost of the project is $360.2 million, with the Government of Sri Lanka contributing $60.2 million. The project is expected to be completed by mid-2025.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 67 members- 48 from the region. In 2017, ADB operations totaled $32.2 billion, including $11.9 billion in co-financing.

http://www.colombopage.com/archive_1...38045833CH.php

 

[Nilgiri]

Sri Lanka paves first road with plastic waste
Oct 03, 2018 17:14 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka has surfaced the first road with asphalt mixed with non-recyclable plastic waste, in a suburb of the capital using an internationally accepted practice, a Colombo-based engineering firm said.

Asset group, which has interests in engineering and real estate said a 500 metre road from Ratmalana to Borupana, South of Colombo had been paved with an asphalt mixture containing shredded and molten plastic extracted from municipal waste.

Non-recyclable plastic waste is taken from municipal waste (in Sri Lanka plastic, paper and food waste is now separated in households) shredded and heated with aggregates at 165 degrees centigrade.

"The molten waste-plastic-mix coats the heated aggregates before being coated with bitumen," the firm said.

"The new material – waste plastic modified asphalt concrete mix – will be applied for surfacing of roads under 150 degrees centigrate temperature. "

The firm said the plastic asphalt mixture not only solves the waste problem but cuts road construction costs and makes the pavements more durable.

Tests are conducted on the pilot project, the company said.

"Similar waste plastic modified asphalt mixes are successfully applied to road surfacing in countries such as UK, Canada, Netherlands, Philippines, India and Indonesia," the firm said.

"… Asset Group believes that it would make a significant impact in the road construction sector, while becoming a catalyst for environmental sustainability in the long run."

Asset group said Sri Lanka's municipal waste had reached 6,500 to 7000 tonnes per day by 2015, with 60 percent coming from the Western province. An estimated 794 tonnes of plastic waste was generated each day, the firm said. (Colombo/Oct03/2018)
https://economynext.com/Sri_Lanka_paves_first_road_with_plastic_waste-3-12099-4.html

The New Kelani Bridge

After the Bridge is completed this starts

ADB approves $300 mn loan to Sri Lanka for the construction of elevated highway linking capital to New Kelani Bridge

Manila: Board of Directors of the Asian Development Bank (ADB) has approved a $300 million loan to Sri Lanka for the construction of an elevated highway linking capital Colombo to a new bridge being constructed across the Kelani River.

The loan facility will finance the construction of about 5.3 kilometers (km) of elevated toll highway with related facilities between the New Kelani Bridge (NKB) and Galle Face in central Colombo in Sri Lanka.

The new highway is expected to ease traffic congestion, improve connectivity, and facilitate trade logistics in the country, the ADB said in a statement today.

"Improved connectivity and infrastructure development are essential if Sri Lanka is to reach its potential as a trade and logistics hub in South Asia," said ADB Senior Transport Specialist for South Asia Mr. Kanzo Nakai. "The new highway will help provide a direct link to the city center and the port from the Colombo-Katunayake Expressway through the NKB, improving connectivity and contributing to growth."

In 2016, the port of Colombo handled about 1.3 million 20-foot equivalent units (TEUs) of gateway container cargo, which could double to 2.5 million TEUs in 2030 as Sri Lanka continues to grow. The port, however, is only serviced by a four-lane, ground-level access road passing through its main gate, which intersects with Baseline Road, one of the busiest trunk roads in Colombo. This leads to serious traffic congestion in the city and holds back trade and mobility.

The 5.3-km elevated toll highway to be built as part of the South Asian Subregional Economic Cooperation (SASEC) Port Access Elevated Highway Project will include related road facilities including an advanced electronic toll collection (ETC) system, which will eventually be installed on the entire expressway network.

The project will also upgrade 1.4 km of the ground-level port access road from four to six lanes, while a maritime facilitation center will be constructed to provide better services to port users and relocate and gather the administrative and operational functions of the port, many of which will be affected by the construction of the elevated highway. The project also contributes to regional connectivity and trade, in line with SASEC's goals.

Additionally, ADB will provide a $500,000 technical assistance for the Expressway Operations Improvement component of the project, which will strengthen the operational capacity of the expressway regarding its toll rate policy and the ETC system.

The Japan Fund for Poverty Reduction, financed by the Government of Japan, will also provide a $1.25 million grant to support trade logistics facilitation for customs modernization.

The total cost of the project is $360.2 million, with the Government of Sri Lanka contributing $60.2 million. The project is expected to be completed by mid-2025.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 67 members- 48 from the region. In 2017, ADB operations totaled $32.2 billion, including $11.9 billion in co-financing.

http://www.colombopage.com/archive_1...38045833CH.php

The plastic waste used in asphalt mix is really expanding in India now. Good to see SL is bringing this concept to fruition as well.

 

[Godman]

 

[Godman]

IFS plans more investments in Sri Lanka, undeterred by uncertainty
Nov 09, 2018 19:55 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT- IFS, a Swedish ICT company with a majority of software development based in Sri Lanka, is planning major investments in Sri Lanka after a record quarter, top officials said.

"We're growing quickly, outperforming our industry peers, and we are using that growth to invest in our businesses and the communities we operate in," IFS Asia-Pacific & Japan, Middle East & Africa Regional President Stephen Keys said.

The IFS labs in Colombo are experimenting on cutting edge technology such as artificial intelligence, digital twins, holograms and drones to drive future growth, he said.

The firm remained tight-lipped about the actual number they will invest in the country.

The current political uncertainty will not affect IFS' appetite for investment in Sri Lanka, as the firm has a 21-year history in the country, and will look at the longer term, Research & Development Senior Vice President Thomas Säld said.

Sri Lanka is the firm's largest operation, with 1,100 employees in Colombo and Kandy, which form a third of its global workforce.

Around 60 percent of IFS' software development and 80 percent of support services are done in the country.

The research and development arm in the firm's home country Sweden is just 40 percent the size of Sri Lanka.

"We won't be able to provide our world class solutions today without our operations in Sri Lanka," Keys said.

This is achieved through close relationships with local universities and talent pool, with IFS working to change local curricula as well, he said.

The recent quarter has been one of the best ever for the company, Keys said.

He said IFS' global revenue grew 28 percent from a year earlier to $143 million in the September quarter on licensing revenue which grew 53 percent.

Licensing revenue growth was supported by a new interest among clients in moving to cloud solutions, he said.

"Cloud and software service revenue grew 6 times. It sounds like a higher number but it's off a relatively lower base. But people are looking to change quickly," he said.

In the past, cloud revenue had grown in single digits, and the current trends are applicable to the industry as well, Keys said. (Colombo/Nov09/2018)

https://economynext.com/IFS_plans_m...nka,_undeterred_by_uncertainty-3-12529-7.html