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::

* China to fund construction of Northern Expressway in Sri Lanka
Tue, May 28, 2013, 08:14 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 28, Beijing: China has pledged to provide further funding to develop Sri Lanka's transport sector that includes a number of expressways, road networks and railway lines.

During bilateral discussions held between Sri Lanka and China in Beijing Tuesday, the two countries signed an agreement for China to fund the construction of a new Northern Expressway from Colombo to Jaffna.

As a part of the proposed aid to develop Sri Lanka's transportation sector, the Chinese government will also aid developing a Colombo-Kandy-Kurunegala expressway and extending the southern expressway from Matara to Kataragama.

Sri Lanka's External Affairs Minister Professor G.L. Peiris, speaking to Chinese investors and representatives of the corporate sector of China at an event in Beijing today presented main advantages Sri Lanka can offer as a destination for investment and trade.

The event "Sri Lanka: Promising Business Destination" was organized by the Embassy of Sri Lanka in Beijing and the Export Development Board.

The programme emphasized on matching arrangements between Sri Lankan and Chinese companies for the purpose of increasing volumes of trade between the two countries.

ColomboPage - Recent 10 Stories
Sri Lankan government will assist the parties to defend the LTTE ban
-- [5 hours ago]
Sri Lankan President hopes the Deepawali festivities will add to the spirit of reconciliation
-- [6 hours ago]
Sri Lanka business chamber to hold post budget seminar
-- [6 hours ago]
Human-elephant conflict in Sri Lanka claims lives of over 60 people and 250 elephants annually
-- [6 hours ago]
Sri Lanka monk party leaders discuss reform proposals with the President
-- [7 hours ago]
Defense Ministry to conduct survey on lost properties of Sri Lankans in the North
-- [7 hours ago]
Doubts raised on Pope's visit to Sri Lanka amid snap presidential polls
Opposition MPs say election materials are being prepared in Sri Lanka Port Authority Defense Training School
Sri Lanka to appeal to Europe Court of Justice on lower court ruling to lift sanctions on LTTE
Browns Hotels and Resorts of Sri Lanka to develop four-star hotel in Maldives

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.