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
Telephone calls from the Presidential Secretariat on the day of rugby player's death erased, court told
-- [6 hours ago]
Indian Economic Zone will not be in Trincomalee Harbor area, Prime Minister assures
-- [7 hours ago]
Sri Lanka to strengthen the Secretariat for Coordinating Reconciliation Mechanisms
-- [7 hours ago]
India to provide Sri Lanka Rs 300 million for development activities in Hambantota District
-- [8 hours ago]
India to provide Sri Lanka Rs 300 million for development activities in Hambantota District
-- [8 hours ago]
Colombo Port's Jaya terminal docks four large ships at the same time
-- [8 hours ago]
Sri Lanka supports convening conference in 2017 to negotiate a legally - binding instrument to prohibit nuclear weapons
-- [9 hours ago]
Australian company investigated over alleged bribery scandal linked to Sri Lanka
Sri Lanka, Indonesia agree to cooperate in the field of election management
No Sri Lankan nationals affected by Italy earthquake

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.