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Home International Customs

Sri Lanka, Malaysia customs sign $200m MoU to create transport hub

byMonitoring Report
12/12/2014
in International Customs
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COLOMBO: Sri Lanka and Malaysian customs signed agreement of  US $200 million to create a countrywide transport hub. The joint collaboration of both the countries is based on a platform of technology transfer and shared experience and expertise. This expertise offered by the Maju Group is based on a pro bono basis. The signing ceremony was also witnessed by former Malaysian Prime Minister Dr. Mahathir Mohamad and Maju Group Executive Chairman Tan Sri Abu Sahid Mohamed.

This was pursuant to visits by the officials of the Ministry of Transport of Sri Lanka to Malaysia aimed at studying various modalities to transform the public transportation infrastructure in Sri Lanka.

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The proposed countrywide hub for Sri Lanka, which has been conceptualized based on the Malaysian model, has been implemented in the Malaysian capital city of Kuala Lumpur, will converge long haul buses into this terminal, which will be at the periphery at the city. The terminal will host a multimodal means of transportation, comprising the urban and suburban trains, the intra-city buses and taxis.

The Managing Director of the Maju Group of Companies-Roslan Shariff mentioned that “We’re just trying to share our experiences and put out our best practices. We hope to gain knowledge from experiences of countries like Australia (Melbourne) , Japan, United Kingdom (London), and the United States, and we hope to gain knowledge from them, but, keep it local as possible”.

Tags: agreementtechnology transfertransport hubUS $200 million

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