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::

* Korea loans US$ 40 million to Sri Lanka for road improvements in hill country
Sun, Mar 23, 2014, 12:30 pm SL Time, ColomboPage News Desk, Sri Lanka.

Mar 23, Colombo: The Sri Lankan Government has received a US$ 40 million loan from Economic Development Cooperation Fund (EDCF) of Korea to fund the improvements of several roads in the hill country.

The funds will be utilized towards the cost of improvements on the 46.75 km Hatton - Nuwara Eliya section of the Avissawella - Hatton - Nuwara Eliya Road (A7).

Construction of an underpass at Nanu Oya Railway crossing and a tunnel at Kotagala will be added to the original project proposal and accordingly, the President in his capacity as the Minister of Highways, Ports and Shipping has proposed to revise the original contract sum and to extend the date of completion of works by another 9 months.

The Cabinet has approved the proposal as recommended by the Standing Cabinet Appointed Procurement Committee.

ColomboPage - Recent 10 Stories
Sri Lanka Army allocates land free to set up new businesses for victims of Salawa explosion
-- [2 hours ago]
Government rejects former president's allegations of selling national assets
-- [2 hours ago]
Sri Lanka Fisheries Minister appoints committee to study illegal fishing methods
-- [3 hours ago]
Fitch Ratings lowers Sri Lankan banks sector outlook for 2017 to negative from stable
-- [3 hours ago]
Sri Lanka aims to make Hambanthota Port an income generating enterprise with Chinese support
-- [4 hours ago]
Sri Lanka's President calls for averting environment conducive for bribery and corruption in government
-- [5 hours ago]
New plan to revive Sri Lanka's struggling handloom industry
-- [6 hours ago]
Sri Lanka appoints ministerial sub-committee to achieve sustainable development goals by 2030
-- [7 hours ago]
Largest ever cocaine haul in South Asia detected in India-bound ship at Sri Lanka port
-- [7 hours ago]
Indian Garment N Fabric Expo - 2017 in Sri Lanka next month
-- [7 hours ago]

Copyright © 2000, 2014 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.