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    Colombo Light Rail Transit Phase 1 (Malabe – Fort)

    Sri Lanka · Asia · Light Rail

    Cancelled VerifiedCapex: $1.85B

    Project overview

    This 15.7 km, 16-station light rail line (Malabe-Fort) in Sri Lanka was effectively cancelled: on 9 July 2026 Transport Minister Bimal Ratnayake told Parliament the JICA-backed LRT project "cannot proceed" due to high cost and low projected ridership, with government now prioritising a Metro Bus alternative instead. Investment had been estimated at USD 1.85-2.2 bn.

    Type
    Light Rail
    Country
    Sri Lanka
    Region
    Asia
    Status
    cancelled
    Investment
    $1.85B

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