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Wednesday, March 21, 2012 - 5.25 GMT |
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Metro train linking BIA and Fort by 2016 |
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For the first time in Sri Lanka a Metropolitan speed train system would be set up from Katunayake airport to Fort and back. Airport Express and Rail Company limited (AEARC) a Malaysian based company is looking at investing US $ 600 million for this landmark investment.
AEARC Chairman, Dr. Parimalan Rajo Isa Michael said that they hope to raise capital through investors from Malaysia , USA and Denmark.
He said that when the project is completed they hope to operate 18 trains per day from the airport to Fort and are mainly targeting tourists. The project would generate over 1,000 direct employment opportunities,” he said.
The proposed project is a Metropolitan Railway System comprising two terminus, the first at the Katunayake Airport and the other at Fort, Colombo , close to the Fort main railway station with two parallel railway lines running to and from these two destinations.
The proposed railway route would go along the airport road, then cross the Negombo main highway and the Negombo lagoon and connect to the new Katunayake expressway. It will then be constructed parallel to the main expressway along its 30 metre reservation area for an approximate distance of 30 kilometers till it reaches the town of Wattala.
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