Colombo Suburban Railway Project (ADB-49111-003)

Countries
  • Sri Lanka
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Sri Lanka
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 600.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 14, 2018

Disclosed by Bank Sep 29, 2016


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Project Description

The Colombo Suburban Railway Project will support the modernization of the railway network in the Western Province of Sri Lanka. The project will initially focus on the 64 kilometers (km) Veyangoda- Colombo Fort- Panadura section.

The project will improve the capacity and operating speed of the railway network in the Colombo Metropolitan Region (CMR) by modernizing and upgrading track, signaling and telecommunication infrastructure; and potentially electrifying the suburban railway lines, focusing initially on the 64 km Veyangoda- Colombo Fort- Panadura section. The project will also support procurement of fast and modern commuter trains and modernization of rolling stock maintenance facilities, and upgrade railway stations to provide improved intermodal connectivity with other modes of public transport and through park-and-ride facilities at selected stations. The project will increase the capacity and attractiveness of the railway system, thus increasing its market share and reducing road congestion by shifting passengers to rail transport. The project will be designed on a modular basis to allow future expansion, e.g. until the Puttlam Line and Colombo Airport or until Galle, Kanday and the Kelani Valley Line and Battaramulla, and connect to Colombo Port.

The project is in line with ADB's Country Partnership Strategy 2012-2016, as it supports inclusive and sustainable economic growth by developing viable multimodal transport systems, including railways and the public transport system. The ensuing project will be processed as a project loan; the scope will be defined by the project preparatory technical assistance (PPTA) and project preparation including design and support for procurement and safeguards will be provided under a proposed technical assistance loan (TA loan).

The impact will be economic activities, the environment, and health of residents of CMR improved, aligned with the Government of Sri Lanka's Strategic Plan for Transport Management in the CMR. The outcome will be improved transport capacity in the suburban railway network of Sri Lanka Railways (SLR). The outputs will be (i) 64 km of infrastructure upgraded and modernized; (ii) XXX new trains commissioned; and (iii) project implementation capacity strengthened.

 

Investment Description
  • Asian Development Bank (ADB)

Loan: Colombo Suburban Railway Electrification Project
Ordinary capital resources US$ 600.00 million

TA: Colombo Suburban Railway Project
Technical Assistance Special Fund US$ 1.00 million

Contact Information

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main

CONTACTS

Responsible ADB Officer Roesner, Markus
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies
Sri Lanka Railways
Sri Lankan Railways, Colombo 10, Sri Lanka

Contact emails not provided at the time of disclosure.