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::

* Main opposition legislators hand over report on Sri Lanka's developments in Hambantota
Wed, May 7, 2014, 08:34 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 07, Colombo: A group of Sri Lanka's main opposition United National Party (UNP) parliamentarians who recently visited Hambantota has handed over an interim report on the mega development projects in the area.

The group that visited the Mattala Airport and the Hambantota Port on April 17th has handed over the report to the UNP's Leadership Council today.

The group has stated in its interim report that both mega projects were carried out in haste and were unprofitable.

UNP parliamentarian Eran Wickramaratne, who was a member of the group, has said the projects have been carried out ignoring the feasibility studies.

He has observed that a strategic plan will have to be put in place to avoid future defaults on loans taken out when carrying out mega projects.

According to the report, there was an artificial attempt to utilize capacity by diverting flights at Mattala as there was no demand for the airport.

The airport was built at a cost of US$ 209 million with a loan from the Export and Imports Bank of China.

ColomboPage - Recent 10 Stories
Sri Lanka to launch two projects to enhance power sector capacity
-- [20 minutes ago]
India to contest Sri Lanka court's death sentences of fishermen through legal process
-- [7 hours ago]
Sri Lanka to establish a new Vessel Monitoring System (VMS) to monitor fishing boats
-- [7 hours ago]
India pledges Rs.10 million as immediate relief for Sri Lanka landslide victims
-- [8 hours ago]
Sri Lanka national carrier receives first of six new A330-300 on order
-- [9 hours ago]
New mission chiefs to Sri Lanka express condolences on Koslanda landslide
-- [9 hours ago]
Catholic Church of Sri Lanka rejects reports of president influencing the church to stop papal visit
Madhu Road - Thiruketheeswaram sector of Sri Lanka's Northern Railway line tested
Pakistan offers assistance to the Sri Lankan landslide victims
Coalition party of Sri Lanka's ruling alliance to abstain from voting for the budget

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.