port-city-colombo-chec-2-1

Sri Lankans call for US $ 1.4b Chinese project to continue

COLOMBO, March 24 (Xinhua)– Ahead of Sri Lanka President Maithripala Sirisena’s first visit to China a local organisation called for China’s largest investment project to resume, an official said on Tuesday. The Sri Lanka-China Social Cultural Cooperation Association told reporters the 1.4 billion U.S dollar port city project should not have been suspended. They also called on the government to …

Sri Lanka to produce indigenous natural gas and stop importing fossil fuel: Official

Mar 24, 2015 (LBO) – Sri Lanka’s new government targets 100 percent clean indigenous energy to develop the island as a green country while importing fossil fuel, an official from the Ministry of Power and Energy said. “We want to develop the country but it has to be more green and environment friendly development,” Suren Batagoda, secretary, Ministry of Power …

Meeting Sri Lanka’s Housing Needs

By Camelia Nathaniel During the former President Ranasinghe Premadasa’s term, attempts were made to uplift rural areas, notably via the Gam Udawa (Village Awakening) programme. The housing development programme of that government was enhanced and pursued vigorously. Unfortunately, after his demise, some of the village development projects he initiated, especially housing schemes, were neglected. During a ceremony held last year …

China eyes more infrastructure projects in SL

Despite concerns over the suspension of the Port City Project, China is eying more investments on infrastructure development projects in Sri Lanka with one Chinese company having submitted a US$760 million proposal for the upgrading of the railway track from Colombo to Kandy. Shandong High-Speed Group Co. Ltd. has in its proposal said the travel time between Colombo and Kandy …

Part of Port City work is to go on

The Government has allowed the construction work on part of the Port City Project to continue to avoid damage from sea erosion. Ports and Aviation Minister Arjuna Ranatunga said that the Attorney General’s advice has meanwhile been sought on the project. He said that President Maithripala Sirisena will discuss the future of the project during his visit to China later …

Tata Housing concerned over Slave Island project

Tata Housing concerned over Slave Island project Minister Hakeem assures fair deal to both parties Shirajiv Sirimane shirajivs@gmail.com Urban Development, Water Supply and Drainage Minister Rauff Hakeem had a special discussion with the residents who were relocated due to the building of the Tata Group’s luxury housing scheme in Slave Island. The Minister said that he will review the contact …