Details and current situation of Sri Lankan Infrastructure development: Like other Asian countries, Sri Lanka has had tremendous growth economically and is focused on continuing in that direction. The growth of infrastructure especially in roads has been attributed to the end of the civil war that curbed the country for years. Infrastructure covers a wide variety of topics ranging from railways to housing.
Roads Infrastructure development in Sri Lanka
Sri Lanka has one of the best road systems connecting its different major locations both in the rural and urban areas. One of the country’s goals is to have easy access to rural areas by having all-weather roads and they seem to have achieved that goal. As one of the busiest ports in that Asian Continent, Sri Lanka ensured that Colombo has many highway systems connecting it with other parts of the country. The southern expressway that connects Colombo to Matara, for example, was targeting an increase in the social and economic development of the southern region and they seem to have achieved that target. To follow suit, infrastructural developments targeting the eastern and southern regions were also done leading to the rise of roads connecting those regions. Road infrastructure projects were also meant to accommodate the increased number of vehicles thereby reducing congestion, another achievement the country can be proud of.
Housing Infrastructure development in Sri Lanka
This infrastructural sector has been a magnet for investors in the country since real estate is often considered a lucrative investment sector. The government’s aim was to provide all its citizens with decent housing especially those living in congested areas. Since congestion often relates to poor hygiene, the government wanted to provide affordable housing by implementing several projects such as the national housing policy. The Colombo region was the first to reap the benefits of the project with many families being relocated to new houses. With the vision of ensuring that the goal is achieved in the next two years, Sri Lanka has made progress and continues to do so in the housing sector.
Railway Infrastructure development in Sri Lanka
With the aim of providing a smooth connection to centers and towns within the city, Sri Lanka embarked on a railway infrastructure improvement journey that has also provided benefits. Colombo was once more the targeted area due to its strategic location and the government ensured that other than the rail tracks, the telecommunications and signaling systems were also improved. The improved railway system now connects all the provinces in the country making commuting effortless.
Airport Infrastructure development in Sri Lanka
After building its first international airport, Sri Lanka formed a connection to other parts of the world which affected the economic and social status in the country. It has since had other infrastructural developments in the airport sector such as the construction of another international airport knows as mattala rajapaska international airport which is also been an international gateway. The airport constructions were meant to boost the tourism industry by making it easier for the outside world to access the nation.
Even though the infrastructure development in Sri Lanka has been beneficial for the country in many ways, it has also come at a price. Due to accrued loans from China, Sri Lanka had to give up one of its major ports to china merchant port holdings in a 99-year lease deal. The move elicited a lot of reactions with many questioning if the deal was worth it given the importance of the port. Sri Lanka, however, continues to improve its infrastructure as it strives to become an upper middle-income country. It continues to garner support from other entities, world bank included and continues to work on improving infrastructure in other areas such as seaport as well.