Maga Engineering Secures Rs. 7.4 Bn in Major Infrastructure Contracts 🚧

Cabinet has approved two major contracts totaling approximately Rs. 7.4 billion to M/s Maga Engineering Ltd. to boost Sri Lanka's domestic transit and international gateway capacity: • Warakapola Bypass Road (Rs. 4.99 Bn): Awarded under the National Highways Widening and Improvement Program to construct a 2.32 km bypass. The contract (excluding VAT) was won via a National Competitive Procurement process against six bidders, selected as the lowest substantially responsive bid. • BIA Departure Terminal Expansion (Rs. 2.4 Bn / US$ 7.26 Mn): Aimed at expanding the departure terminal at Bandaranaike International Airport (excluding VAT). Funded by the General Treasury, the project was bid through an international competitive process (three bids received) to support tourism recovery by increasing passenger handling capacity with 36 new check-in counters and six boarding gates.