Maga Engineering to rehabilitate rural roads at Rs13.2bn
Jul 26, 2016 (LBO) – Sri Lanka’s Maga Engineering, a construction firm was recently awarded the contract to rehabilitate and improve of rural roads in four districts of Sri Lanka.
The project is formulated and financed by the Asian Development Bank and implemented by the Road Development Authority under the Integrated Road Investment Program (I-Roads).
“Maga Engineering will rehabilitate and improve 634 Kilometres of rural access roads in Anuradhapura, Polonnaruwa, Kalutara and Kurunegala Districts,” the company said in a statement.
The projects were awarded to Maga Engineering at a total value of 13.2 billion rupees.
“Maga is committed to ADB and Government’s vision of developing the entire road network of Sri Lanka, not just confined to cities and towns but also connecting rural villages with economic hubs in their respective districts,” M. G. Kularatne, chairman and managing director of Maga Engineering said.
“We are confident that the rehabilitation of roads will revive rural agriculture, SMEs and tourism.”
Maga will soon commence work on 85km of roads in Kurunegala district, 332km of roads in Anuradhapura district, 123km of roads in Polonnaruwa district and 94km of roads in Kalutara district and will complete the project within a period of 24 months.
As intended by the Asian Development Bank and Road Development Authority, these projects will provide connectivity across towns and villages, creating the framework for greater economic development, simultaneously enriching local communities through improved access to education, healthcare and employment.
The Employer, Road Development Authority will direct and oversee the implementation of the projects, while Pyunghwa Engineering Consultants Ltd of the Republic of Korea, Resource Development Consultants (Pvt) Ltd and Egis-CEA JV will act as project consultants.
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http://www.lankabusinessonline.com/maga-engineering-to-rehabilitate-rural-roads-at-rs-13-2-billion/
