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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Colombo to become Garden City, 70,000 families to be relocated: Defence Secretary

Colombo to become Garden City, 70,000 families to be relocated: Defence Secretary

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CSE.SAS

CSE.SAS
Global Moderator
By Mario Andree

Defence Secretary Gotabaya Rajapaksa yesterday outlined the Colombo Metro Development Plan to make Colombo the Garden City of Sri Lanka and said that 10,000 families out of 70,000 identified to be relocated would be given housing facilities by end this year.

The Defence Secretary addressing the SLASSCOM CXO forum on the ‘Future Outlook for Urban Infrastructure Development in Sri Lanka’ invited the business community to actively participate in the development drive by venturing their businesses and entrepreneur skills into urban development.

He said that the Defence and Urban Development Ministry had recognized several areas for development and 70,000 families would be relocated in to high and medium-rise facilities in close proximity of their current lactations to open more usable land space for commercial activities.

He said that 10,000 families would be relocated to new residences developed, which are nearing completion, by the end this year, opening space for more international investments.

The five year mega project funded by the World Bank would shape the landscape of Colombo as the garden city in Colombo, Rajapaksa said.

He highlighted the significant progress at Waters Edge, Thalawatugoda, Palawaththa, Nawala-Nugegoda and Slave Island, and said that many other projects have been planed within the Colombo boundary as well as other regions of the country.

He said that the access road network had improved significantly in the country and the traffic congestions in Colombo would reduce with the outer circular road which would connect the three major highways in various stages of development.

Garbage disposal was still a problem for which a feasible solution is yet to be found. A pilot project of separating garbage at the location of origin launched at Wallawatta had failed and authorities are looking for other solutions, Rajapaksa said.
http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=75149

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
In addition to all these, time to start thinking about other cities to expand and develop.


We hear a lot on Colombo and Hambantota right now.

A sign of real development is when country wide attention and infrastructure development is given ( not only certain locations)

Else it will be Kiri for certain places and kakiri for others .Tourisirs also need conistent facilities when travelling.

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