Korean company keen to start Mega City project in Sri lanka

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Top officials from one of the world’s leading township developers, Korea Land and Housing Corporation were in Sri Lanka looking for a township development project to the value in excess of USS 5 billion.

The team met senior officials of the Megapolis Authority last week and informed that they are here on a fact finding mission to build a mega township development project which would be one of the biggest in South Asia.

The official said We are keen to create a new city in the Western Province in an area of around 300 hectares of land. He further said that with the new political developments, Korea Sri Lanka relations have reached a new dimension and they were also very impressed with the concept of Megapolis. This is the new trend of the world and we are happy to note that this is being followed by Sri Lanka even at this late stage.

The official said that they would clear the given land and have modem infrastructure in place for a ‘Mega City’ and then invite Korean and other investors from around the World to build housing, recreation, commercial and other facilities in it.

The company, then plans to link the proposed ‘City’ with a speed train which too would be included under the project. And ministry also said that they have similar projects located 50 km off the capital and they are connected with a speed rail link. Due to this link a resident in the ‘Township’ could get to the Capital in less than 20 minutes.

He said this proposed ‘Mega City’ would be self sufficient in every need of a modem population. ‘The project would have its own sewerage and garbage clearing system. They would also generate electricity from this waste and give it back to the Mega City.”

“Security too would be a prime concern and special cameras would be installed to even track each vehicle entering and departing. This would be based on vehicle registration number plates.”

Another first for Sri Lanka would be the special bus and speed train service where the station and the bus stand would have the route, arrival and departure times of each bus/train on a digital screen. He also disclosed that Indian Prime Minister, Narendra Modhi too had requested them to build six similar models in India and they are currently engaging this.


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