Thursday Jul 16, 2026
Thursday Jul 16, 2026
Wednesday, 15 July 2026 00:23 - - {{hitsCtrl.values.hits}}
The Cabinet of Ministers has approved the award of a Rs. 4.99 billion contract (excluding Value Added Tax) to M/s Maga Engineering Ltd., for the construction of the Warakapola bypass road under the National Highways Widening and Improvement Program.
The project covers the 2.32-kilometre stretch from 0+000 kilometre to 2+320 kilometre and is expected to be completed using funds allocated under the national program aimed at improving the country’s highway network.
“The contract was awarded following a National Competitive Procurement process, under which six bids were received. Maga Engineering Ltd., emerged as the lowest substantially responsive bidder after an evaluation by the High-Level Procurement Committee,” Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said at the weekly post-Cabinet meeting media briefing yesterday.
The proposal to this effect was submitted by Transport, Highways and Urban Development Minister Bimal Rathnayake and the recommendations of the High-Level Procurement Committee.
The Cabinet also approved awarding the contract to expand the departure terminal at Bandaranaike International Airport (BIA) to Maga Engineering Ltd., for $ 7.26 million/Rs. 2.4 billion (excluding Value Added Tax) to boost passenger handling capacity at Sri Lanka’s main international gateway.
Cabinet Spokesman and Minister Dr. Nalinda Jayatissa announced the decision at yesterday’s post-Cabinet meeting media briefing, noting that the project will be financed through the General Treasury.
“The money will come out of the General Treasury,” he said.
On 9 February last year, the Cabinet approved the commencement of the procurement process for the construction of a new departure terminal building featuring 36 check-in counters and six aircraft boarding gates connected to the passenger terminal.
According to Dr. Jayatissa, bids were invited under an international competitive procurement process, attracting three submissions.
“Following the evaluation of bids, the Standing High-Level Procurement Committee recommended awarding the contract to Maga Engineering Ltd., as the lowest substantially responsive bidder. Based on that recommendation, the Cabinet approved the proposal to award the contract to the company,” he said.
The expansion is expected to improve passenger processing capacity and operational efficiency at BIA, which has experienced rising passenger volumes alongside Sri Lanka’s tourism recovery.
