Sri Lanka to Launch First Fully Treasury-Funded Expressways in 2027 📈
• Infrastructure Expansion Sri Lanka will begin construction on three major expressways next year (Galagedara–Rambukkana, Ingiriya–Padukka, and Kurunegala–Galewela) using only Treasury funds, without foreign borrowing. Allocation of Rs. 2 trillion for capital expenditure in the upcoming Budget—a national record. Rural road network supported by Rs. 25 billion, with emergency bitumen imports authorized to maintain project timelines. • Transport & Energy Development Rs. 60 billion railway electrification program covering Panadura–Maradana, Negombo–Maradana, and Ragama–Maradana lines, with Rs. 100 billion earmarked in next year’s Budget. Deployment of a 160 MW solar energy battery storage system, with an additional 200 MW planned to curb diesel power consumption. Petroleum market under review at Ceylon Petroleum Corporation to boost local market competitiveness. • Digitalization & Regional Growth Rs. 30 billion allocated for digital infrastructure to deliver 80% of government services online and erect 1,000 4G towers over three years (250 next year). Construction of the Rs. 47 billion Malwathu Oya reservoir to begin alongside small reservoir renovations. Plans to set up 50 vocational education universities nationwide as an alternative tertiary track. • Economic & Social Fiscal Performance State revenue hit 16.7% of GDP in 2025 (30-year high), while recording the lowest budget deficit since 1957. Educational social safety net provided Rs. 6,000 to 1.7 million students and introduced a Rs. 5,000 monthly allowance for children in state care.