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 bring laws restricting land transfer to foreigners
Mon, Feb 11, 2013, 01:16 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 11, Colombo: Sri Lanka Minister of Land and Land Development Janaka Bandara Tennakoon said laws will be brought soon to ban selling lands to foreigners.

Addressing a meeting in his electorate Dambulla, the Minister stated that the Land Ordinance would be amended in this regard under the direction of the President Mahinda Rajapaksa.

The Ministry of State Administration and Home Affairs are to bring two new draft bills pertaining to the land ownership. The Minister said the amendments to the Land Ordinance would be parallel to those new laws.

The new land laws are aimed at safeguarding the land rights of Sri Lankans, he said.

Land Ministry sources say that foreigners have acquired over 10,000 acres of land in the past two decades in Sri Lanka including private land situated in the World Heritage Dutch Fort in Galle.

Out of the 6.5 million hectares of total land in Sri Lanka, 5.2 million hectares belong to the State.



ColomboPage - Recent 10 Stories
Sri Lanka Army allocates land free to set up new businesses for victims of Salawa explosion
-- [7 hours ago]
Government rejects former president's allegations of selling national assets
-- [8 hours ago]
Sri Lanka Fisheries Minister appoints committee to study illegal fishing methods
-- [9 hours ago]
Fitch Ratings lowers Sri Lankan banks sector outlook for 2017 to negative from stable
-- [9 hours ago]
Sri Lanka aims to make Hambanthota Port an income generating enterprise with Chinese support
Sri Lanka's President calls for averting environment conducive for bribery and corruption in government
New plan to revive Sri Lanka's struggling handloom industry
Sri Lanka appoints ministerial sub-committee to achieve sustainable development goals by 2030
Largest ever cocaine haul in South Asia detected in India-bound ship at Sri Lanka port
Indian Garment N Fabric Expo - 2017 in Sri Lanka next month

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.