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 get US$ 45.5 million Hungarian credit to improve main water treatment plants
Fri, Jan 25, 2013, 11:45 am SL Time, ColomboPage News Desk, Sri Lanka.

Jan 25, Colombo: Sri Lanka will receive US$ 45.5 million loan from the Hungarian Export-Import Bank to rehabilitate the two main potable water reservoirs and treatment plants serving the capital Colombo and suburbs.

A proposal put forward by the President, in his capacity as the Minister of Finance and Planning to obtain the loan facility has been approved by the Cabinet on Thursday.

According to the agreement, Export-Import Bank of Hungary will provide a maximum amount of US$ 22.3 million (Euro 16.71 million) to renovate the 127-year old Labugama Plant and a US$ 23.2 million (Euro 17.38 million) for the Kalatuwawa Plant.

The two plants operated by Sri Lanka's National Water Supply and Drainage Board distribute a total of 106,000 cubic meters of water per day.



ColomboPage - Recent 10 Stories
World Bank praises Sri Lanka's Health service
Sri Lanka to take strict legal actions against poaching foreign fishing vessels
Special island wide police operation makes over 2500 arrests
Sri Lankan President, PM condole sudden demise of UN representative Una McCauley
Sri Lanka army chief says defense advisor recalled from UK for his own safety
USNS Mercy leaves San Diego bound for Indo-Pacific on Pacific Partnership mission
UN Human Rights Chief urges UNHRC to play a critical role to encourage reconciliation and accountability in Sri Lanka
Sri Lanka's UN mission in New York celebrates 70 Years of Independence with "Facets of Sri Lanka"
Three Indian nationals smuggling gold arrested at Sri Lanka's Colombo airport
Coffee Bean and Tea Leaf reopens its newly refurbished store at Colombo Airport

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.