The Cabinet of Ministers has approved the transfer of Sri Lanka’s highways from the Road Development Authority (RDA) to a state-owned company called ‘Sahasya Investments Ltd (SIL).’ Sri Lanka Latest News
This ‘Sahasya Investments Ltd (SIL)’ was established in October 2020.
The cabinet paper states that the aim is to “operate the network in a more commercial manner”.
The possibility of implementing a Public-Private Partnership (PPP) through ‘Sahasya Investments Ltd (SIL)’ is also being considered for managing the highways.
