Colombo Port Development Costs
News regarding the escalating construction costs for a breakwater at Colombo Port's planned West Terminal 2, rising from 1.2 billion to 1.4 billion US dollars. President Dissanayake announced the updated figures.
Colombo Port's breakwater cost just jumped from $1.2B to $1.4B—turns out protecting a terminal requires the same budget inflation as protecting a small nation. Meanwhile, they're restoring a railway station like it's a vintage watch, presumably so people can arrive punctually to hear about the *next* cost overrun.
The cost of building a breakwater in #SriLanka's Colombo Port to protect the planned West Terminal 2 has gone up to 1.4 billion US dollars from the previous 1.2 billion, President Anura Kumara Dissanayake has said. https://t.co/lIpVzXSUfd
Watagoda Railway Station and Access Road Being Restored #lka #railway #srilanka https://t.co/hLWRsndnvj