Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to develop Eastern port city of Trincomalee with US$ 85 million ADB loan
Sun, Feb 10, 2013, 11:15 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 10, Colombo: Sri Lanka will develop infrastructure and local services in the northeastern port city of Trincomalee with US$ 85 million loan from the Asian Development Bank (ADB) under the Integrated Urban Development Project.

The project, while improving the infrastructure and local services in the Trincomalee Urban Development area, will also encourage private sector investment and operation through promotion programs.

Sri Lanka is planning to attract port related investments into Trincomalee.

The ADB has agreed to fund the Integrated Urban Development Project for Trincomalee and the total project cost is expected to be US$ 85 million, the government information department said.

The cabinet has approved the proposal submitted by the President, in his capacity as the Minister of Defence and Urban Development to conduct feasibility study on the project and submit a detailed report.



ColomboPage - Recent 10 Stories
Sri Lankan PM to give priority to strengthen rural economy
-- [7 hours ago]
Sri Lanka Marxist party opposes separatist agenda of Tamil party, calls for plan for national unity
-- [8 hours ago]
Postal voting for Sri Lanka's General Election will commence tomorrow
-- [8 hours ago]
Opposition Provincial Minister arrested for assaulting supporters of Sri Lanka's ruling UNP
-- [9 hours ago]
Australian assistance to establish clinical waste management systems in Sri Lankan state hospitals
Indian fishers appeal central government to get fishermen released from Sri Lanka custody
Another victim of shooting at Sri Lanka election rally dies
American Center in Colombo hosts seminar on labor rights in garment industry
Veteran Sri Lankan cricketers appointed as brand ambassadors for National Kidney Fund
Sri Lanka plans to achieve an economic growth beyond 8 percent next three years

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.