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 Lankan government allocates land in Hambantota District for development projects
Wed, Feb 20, 2013, 01:14 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 20, Colombo: The government of Sri Lanka has allocated hundreds of acres of lands in the Hambantota District for local and foreign development projects.

Investment Promotion Minister Lakshman Yapa Abeywardena has said that 800 acres have been allocated for development purposes.

He has explained that the projects would be aimed at attracting foreign investments in industries ranging from car assembling plants to glass and sugar factories. The projects would be complimentary of the new Hambantota Port.

According to Abeywardena, 300 acres of land is to be allocated for the setting up of three foreign universities and a local university.

He has added that some foreign and local companies had already expressed willingness to invest in the projects and that lands had been identified for them.



ColomboPage - Recent 10 Stories
Sri Lankan youth withdraws more than hundred times of his savings from ATMs
Sri Lankan Minister warns of severe debt crisis if revenues not increased
Abduction of a four year old child shocks Sri Lanka as police remain clueless
Sri Lanka securities regulator licenses the country's first ever dollar fund
Militant Buddhist monk organization in Sri Lanka invades Ministry of Buddhist Affairs again
Factions of Sri Lanka doctors' union at national hospital clash
Minor staff employees of Sri Lanka government hospitals stage protest in capital city
Sri Lanka's Rajarata University to reopen on August 04 after a month-long closing
IMF Executive Director, President discuss Sri Lanka's role in Asian region
Massive investments Sri Lanka made must be utilized for greater economic benefits - President

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.