Home / TOP STORY/ Megapolis project will develop Colombo into an economically powerful city: PM

Megapolis project will develop Colombo into an economically powerful city: PM


Comments / {{hitsCtrl.values.hits}} Views / Monday, 1 February 2016 00:00

Facebook

hamper

Prime Minister Ranil Wickremesinghe says the $ 40 billion mega development plan launched to develop the capital Colombo and the Western Province will transform the capital city into one of the most economically powerful cities in the world.

He said the aim of the Megapolis project is to allow Sri Lankans to enjoy all facilities that people in developed cities such as London, Dubai, Singapore and Tokyo enjoy.

The project is designed to improve the housing, education and hospitals facilities on par with those in world-class cities.

The development plan which will be carried out throughout 15 years will come into operation in three phases.

Speaking at the launch of the Western Province Megapolis Development Plan at Independence Square Friday, the Prime Minister said the Megapolis concept came up in the world towards the end of the 20th Century and Beijing, Shanghai, Los Angeles, London and Manchester were developed as large scale economic hubs.

“In 2002, we wanted to do that in Sri Lanka too. Sri Lanka is located in the middle of the Indian Ocean and it fills the gap between Singapore and Dubai. Therefore, a city like this can bring in good income ,” he pointed out.

The PM said the then government completed the plan in 2004 with the advice of former Singapore Prime Minister Lee Kuan Yew, but had no opportunity to implement it.

“We now have a chance to do it. We have planned a series of projects to develop the country’s economy and the Megapolis is the first out of them. Today, the world is supporting us. We have to utilise the foreign aid and attract more investments by grabbing this opportunity. Do not miss this chance, because we would never get another chance like this. We are marking the start of the project today and will enjoy the economic benefits in another 2-3 years,” said the Prime Minister.

The Prime Minister said the Singaporean Company which supported in the design of the Megapolis plan is also helping Sri Lanka develop a massive zone surrounding Trincomalee town. He said a project to expand the Kandy city would be carried out with the Japanese assistance.

“While we develop the Western region, we will not forget other areas of the country,” he added.

He said that although some of the stakeholders may not be around to enjoy the fruits of this venture, as it takes about 15 to 20 years to materialise, he is confident that it will reach its successful completion.

 


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

Tea with NM

Saturday, 20 July 2019

One of my most treasured memories is that of NM, better known as Dr. N.M. Perera. It was when I was a student in the UK that I first met him. NM was already a formidable left leader in Sri Lanka, an accomplished parliamentarian, a larger-than-life fi


Biosphere will one day be replaced by technosphere

Saturday, 20 July 2019

I am now nearly 90 and in my lifetime I have seen and heard the world changing so fast that homo sapiens (Latin: “wise man”), the species to which all modern human beings belong, are changing into a technology-dependent sub species, . Homo sapien


Expand employer-backed childcare to close the gender gap in Sri Lanka

Friday, 19 July 2019

In Sri Lanka, women’s formal workforce participation is at only 36%, compared with 75% for men. Sri Lanka could raise its gross domestic product by as much as 20% in the long-run by closing the gender gap in the workforce, according to one estimate


Who should be our next president?

Friday, 19 July 2019

After the recent terrorist attacks and the subsequent violence unleashed against innocent Muslims by racists, Sri Lankans are searching for a leader who can save the country. Many have lost faith in the leaders, due to the breakdown in the security a


Columnists More