Thursday, April 25, 2024
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US MCC grants $350 for Sri Lanka transport sector improvement

Sri Lanka’s transport sector improvement project will increase the relative efficiency and capacity of the road network and bus system in the Colombo Metropolitan Region and to reduce the cost of transport in order to facilitate the flow of passengers and goods between the central region of the country and ports and markets.

The US Millennium Challenge Corporation has signed a pact with the Government of Sri Lanka to provide US $350 million for this project .

The Advanced Traffic Management System Activity seeks to decrease relative travel time by reducing traffic delays and improving road safety in the most heavily congested arterial corridors.

Civil works and technology enhancements along the roadways are expected to optimize the efficiency of the existing road networks along the eight most heavily congested corridors in the Colombo Metropolitan Region.

The civil works and the modernization of the traffic system interventions include improvements to approximately 132 junctions and the creation of up to 50 additional pedestrian crossings.

The advanced traffic management system consists of a real-time traffic management system and a traffic management center.

The traffic management center will serve as the nerve center overseeing road traffic information, incident management, automated traffic enforcement, and bus prioritization and management.

(LI)