Sri Lanka signs MoU for its first cable car project
(MENAFN- Colombo Gazette) The Government has signed a Memorandum of Understanding (MOU) for the first cable car project in Sri Lanka to be built in Nuwara Eliya, the Ministry of Plantation Industries said today.
The MoU was signed yesterday (Sunday) in the presence of the Minister of Plantation Industries Navin Dissanayake at the Nuwara Eliya Municipal Council.
The project initially estimated at 50 million US dollars will see a cable car system being built on 21 towers running from the Nanu Oya railway station to Lake Gregory in Nuwara Eliya.
Nuwara Eliya is around 8 kilometres away from Nanu Oya.
The cable car system will also connect the Nuwara Eliya Race Course and Single Tree Hill.
It is expected to operate 86 cars which can carry 10 passenger each.
In the first stage 43 cars are expected to be built. (Colombo Gazette)

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Spycloud Launches Consumer Idlink Product To Empower Financial Institutions To Combat Fraud With Holistic Identity Intelligence
- Japan Green Hydrogen Market Size To Reach USD 734 Million By 2033 CAGR Of 27.00%
- Primexbt Wins Global Forex Award For Best Multi-Asset Trading Platform
- Primexbt Launches Empowering Traders To Succeed Campaign, Leading A New Era Of Trading
- United States Insulin Pumps Market Forecast On Share & Demand Mapping 20252033
- Cartesian Launches First Outsourced Middle-Back-Office Offering For Digital Asset Funds
Comments
No comment