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 Lanka ranked 103rd in Global Enabling Trade Index
-- [12 minutes ago]
World Bank to provide US$ 70 million to uplift Sri Lanka's plantations sector
-- [1 hour and 13 minutes ago]
Health Minister launches an inquiry into a prison doctor
-- [1 hour and 26 minutes ago]
Sri Lanka state bus service receives record income during private bus strike
-- [2 hours ago]
Government mulls establishing an authority to regulate three-wheel transport
-- [2 hours ago]
PM explains phone call to IGP from Minister
Sri Lanka calls on Possessor States to expedite destroying their chemical weapons stockpiles
Korea Exim Bank to strengthen the connectivity of traffic network in Kandy
Sri Lankan government vows to take strict legal action against those who damage public property
Sri Lanka's private bus operators call off strike

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.