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Sri Lanka Transport Sector Research Highlights

Sri Lanka Transport Sector Research Highlights
Economic News

Sri Lanka’s plan to boost connectivity and reduce congestion in Colombo
OBG
plus

Sri Lanka is set to break ground on the first stage of the Colombo Light Rail Transit (LRT) project, a major development designed to ease congestion and improve connectivity in the capital. On March 14 Patali Champika Ranawaka, the minister of megapolis and western development, announced that preliminary construction work on the 15.8-km LRT link between Malabe and Fort/Pettah would begin in the…

Chapter

The Report: Sri Lanka 2019: Transport
OBG
plus

Sri Lanka has a total of 12,290 km of national highways, 1561 km of rail tracks, two international airports and four seaports. In order to boost the local economy and quality of life, the cultivation of an effective, reliable and cost-efficient transport system has been a priority for successive governments, albeit with varying degrees of success. Improvement plans in the pipeline include light rail…

Interview

Jingtao Bai, Managing Director, China Merchants Port Holdings Company: Interview
OBG
plus

Interview:Jingtao Bai What are the most challenging aspects of serving both large multinationals and local companies? JINGTAO BAI: In terms of balancing between serving large multinationals and local companies, we do not envisage any serious challenges. In fact, the first anchor customer that we are serving in our quest to be an energy hub for the region is a 100% locally owned company. Regarding…

Country Report

The Report: Sri Lanka 2019
OBG
plus

Sri Lanka’s promising progress with regard to free trade agreements, alongside finance reforms and ambitious growth strategies for manufacturing and ICT, look set to encourage increased foreign direct investment in 2019 – with 2018 having seen the highest levels on record. This should help offset the effects of political and economic volatility, as well at the increasing trade deficit that res

Overview

Large transport projects in Sri Lanka stem from closer international relations and accelerating development
OBG
plus

Sri Lanka has a total of 12,290 km of national highways, 1561 km of rail tracks, two international airports and four seaports. As part of the efforts to boost the local economy and quality of life, the cultivation of an effective, reliable and cost-efficient transport system has been a priority for successive governments, albeit with varying degrees of success. Improvement plans in the pipeline…

Analysis

New light rail transit system in Sri Lanka promises to alleviate the capital's traffic congestion
OBG
plus

As the number of private vehicles on the road in Colombo continues to grow, travelling even 20 km by car can take up to two or three hours. Traffic congestion has become a serious issue, leading to a number of problems such as long transit times, environmental pollution, loss of productivity and decreased quality of life. Heavy traffic jams are therefore considerable economic and social problems…

Economic News

Sri Lanka targets maritime logistics upgrade through Port of Colombo expansion
OBG
plus

Infrastructure investment and more diversified freight-handling services are expected to help Sri Lanka move towards its goal of becoming a major logistics hub, even as the country faces significant competition from within the region. In late August Mahinda Samarasinghe, the minister for ports and shipping, announced plans were being finalised to expand the Port of Colombo’s East Container Terminal…

Analysis

Sri Lankan government sells majority stakes in state-owned transport and logistics infrastructure
OBG
plus

In an effort to address the rising levels of public debt, the government moved to sell a majority stake in the recently constructed deepwater port in Hambantota to the state-owned China Merchants Port Holdings (CMPH) in July 2017. The deal will help shore up state reserves to allow for higher spending on priority infrastructure. It also demonstrates that there are opportunities for foreign…

Interview

Julian Bevis, Senior Director, Group Relations, South Asia, Maersk Group : Interview
OBG
plus

Interview :Julian Bevis What role does logistics play in the economy? JULIAN BEVIS: In Sri Lanka the relationship between the economy and logistics is particularly significant, inasmuch as the country’s geographical position allows it to act as a hub for all the littoral economies in the Indian Ocean. Many of these are growing rapidly and have the potential to become leading global economies.…

Overview

National strategies increase private investment in the Sri Lankan transport and logistics sector
OBG
plus

Having a strategic location along one of the world’s busiest maritime trade routes, Sri Lanka is well positioned to capitalise on rising Indian Ocean trade volumes. Under the auspices of the economic development strategy Vision 2025, released in September 2017, authorities are moving to transform the country into a leading global trans-shipment and logistics hub. Sri Lanka benefits from…

View More
Featured Sectors in Sri Lanka
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Featured Reports in Sri Lanka
  • The Report: Sri Lanka 2019
  • The Report: Sri Lanka 2018
  • The Report: Sri Lanka 2017
  • The Report: Sri Lanka 2016

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