Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* New laws to be introduced in Sri Lanka to allocate state lands to construct condominiums
Sun, Mar 2, 2014, 12:52 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 02, Colombo: The government of Sri Lanka has decided to allocate state lands to the private sector to construct condominiums.

Laws to facilitate this move are to be introduced in parliament shortly, the local media reported.

The new legislation will be introduced as regulations under the Land Development Ordinance, Land Grants (Special Provisions) Act and the State Lands Ordinance.

The law is being drafted in line with a recommendation made by Lands and Lands Development Minister Janaka Bandara Tennakoon to the Cabinet of Ministers.

The decision to assist the private sector in building condominiums is expected to help increase the housing facilities in the country.

ColomboPage - Recent 10 Stories
U.S. Embassy and Matara Chamber of Commerce launch American Innovation Hub
-- [2 hours ago]
Court grants permission to former deputy minister Sarath Kumara Gunaratne to travel abroad
-- [2 hours ago]
Sri Lanka, Pakistan to sign MoU on bilateral cooperation in foreign affairs during President's visit
-- [2 hours ago]
Government decides to provide fertilizer to farmers instead of vouchers
-- [3 hours ago]
CSE to host Global Reporting Initiative workshop on Sustainability Reporting and CSR
-- [5 hours ago]
Sri Lanka to amend Companies Act to comply with FATF on preventing money laundering and countering terrorism financing
-- [5 hours ago]
Japan to donate 8 fire engines to Sri Lanka's EPZs
-- [6 hours ago]
Sri Lanka assures to implement all transitional justice mechanisms in accordance with Constitution
UN regrets Sri Lanka's slow progress in establishing transitional justice mechanisms
Private investment is the key for economic growth, Sri Lanka Finance Minister emphasizes

Copyright © 2000, 2014 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, 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, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.