Sunday, 04 April 2021 22:51

Chinese firm links up with Softlogic to grab e train ticketing project Featured

Despite Sri Lanka Telecom (SLT)’s viable proposal and expression of interest, the government has decided to award the proposed project e train ticketing project under an Asian Development Bank loan facility,

to a Chinese company due the influence of certain Railway Department officials, sources said.

The total cost of the project is approximately US $ 22 million and the warranty period of the project is 8 years.

In comparison to this investment, the cost per day to issue train tickets is over at least Rs. 1.2 million.

If this project is implemented, the Sri Lanka Railway Department will have to allocate more than Rs. 1.2 million per day to justify this investment, whether the trains operate or not.

Despite a local company having bid to install a smart card system at railway stations, the Government has decided to go ahead with a more costly deal with a Chinese company in collaboration with local company Softlogic .

Under this system, it will enable passengers passing through the respective stations to purchase reload cards, cards with monthly usage packages and tickets through ‘QR codes’ at the stations.

The contract for this project has been awarded to the relevant Chinese company after bidding through the national tender process and the company has been entrusted with the responsibility of installing all the ticket machines by the end of 2023.

The project aims to reduce the daily reported passenger congestion at railway stations.

The government had decided to award the proposed train ticketing project under an Asian Development Bank loan facility, to a Chinese company due the influence of certain Railway Department officials, sources said.

The total cost of the project is approximately US $ 22 million and the warranty period of the project is 8 years.

 

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