ECONOMYNEXT – State-run Sri Lanka Railways, now a government will be studied by an expert committee to find re-structuring options, Transport Minister Bandula Gunawardana said.
The cabinet of ministers had given the approval to appoint a committee which will study the organization and recommend a more appropriate structure.
Sri Lanka Railways was hit by a sudden strike this week, which led to the cancellation of around 80 trains.
Minister Gunawardana said people were telling him to privatize the railways in the hope that service would improve.
He was not recommending privatization, but the committee would look at options available to make the railways more productive.
The railways is one of the largest landowners of the island. (Colombo/July25/2023)