Sahasya Investment Limited to operate and manage expressways from 01st April 2024

The Cabinet of Ministers approved the proposal presented by the Minister of Transport and Highways to shift the daily operations and management of expressways to Sahasya Investment Limited from 01.04.2024 in accordance with a formal management agreement and to transfer all the relevant assets to Sasahasya Investments Limited within six months consequent to a legal and financial feasibility study jointly conducted by the Road Development Authority and Sahasya Investments Limited.

[At the Cabinet meeting held on 26.06.2023, it had been approved to shift the expressway network from the Road Development Authority to Sahasya Investment Limited so that the land owned by highways, highway loans and related staff can be managed more commercially. The respective action plan has been approved at the Cabinet meeting held on 05.02.2024.]