🚗 Senarath Engineering Secures Rs. 819 Mn Malabe–Kaduwela Road Upgrade Contract

• Project Overview: The Cabinet of Ministers approved awarding a contract to Senarath Engineering Ltd for the rehabilitation and improvement of a 5.56 km stretch on the Malabe–Kaduwela road (B263). • Economic Context: The project falls under the Government's National Expressway Expansion and Improvement Program, targeting a vital transport corridor connecting two rapidly growing suburban hubs to boost local infrastructure and mobility. • Procurement Details: Bids were invited via the National Competitive Procurement Procedure, drawing a total of 8 bids. Senarath Engineering Ltd was selected as the lowest substantially responsive bidder. • Financials: The contract is valued at Rs. 819 million (excluding VAT), following recommendations from the High Level Procurement Committee. _Note: Approved via a proposal by Transport Minister Bimal Rathnayake and announced by Minister Vijitha Herath._