Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

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 Lanka Army Mine Detection Dog Team receives international recognition as 2016 Team of the Year
-- [26 minutes ago]
No VAT for 82 essential consumer goods from November 1
Sri Lanka Muslim Council welcomes decision to amend Muslim Marriage and Divorce Act, expresses concern over Minister's statement
Sri Lanka calls for IORA to move into a new era of dynamism
Sri Lanka PM outlines economic plan for next five years
Special jury to hear Tamil MP's murder case
Indonesia, Sri Lanka agree to take forward several bilateral initiatives to elevate relationship
New Chiefs of Staff appointed to Sri Lanka Army, Air Force
Sri Lanka seeks Special and Differential Treatment from WTO for agriculture, service exports
Sri Lankan PM to announce government's 1,500-day economic plan in parliament today

Copyright © 2000, 2012 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.