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Saudi offers Rs.225 million for road networks construction
 The Kingdom has offered financial aid worth SR225 million for the construction of road networks in Sri Lanka. The draft agreement for the financial assistance was finalized in Riyadh on Monday during a meeting between the Vice Chairman of the Saudi Fund For Development (SFD) Yusuf Al-Bassam and Dr. P.B. Jayasundera, Sri Lanka’s secretary to the Ministry of Finance and Planning, at the SFD headquarters in Riyadh on Monday.
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Wednesday, March 21, 2012 @ 09:03:31 LKT |
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SL’s first electric speed train by year’s end
Sri Lanka’s first electric speed train from the Colombo Airport to Fort is expected to be commissioned by end of 2012 by a Malaysian based company. The train would bring a passenger from the Arrivals and Departures Lounges of the Airport building to Fort in 25 minutes and a special railway station would be set up near Fort which would have access to the Pettah Bus terminal and Maradana Railway Station and two main roads.
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Wednesday, March 21, 2012 @ 07:44:15 LKT |
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Gama Neguma aims at one project per village
The Economic Development Ministry has drawn up plans to provide ‘One project per village’ under the Gama Neguma Project, ministry Additional Secretary R R A K Ranawaka said. The national ceremony for the ‘One project per village programme’ will be held in Kalutara on March 23. The ministry has allocated Rs 14,000 million for this project for 2012, Ranawaka said.
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Tuesday, March 20, 2012 @ 05:33:20 LKT |
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Housing project a boon for SL families – Wimal
The one million housing project of the Janasevana programme has benefitted a large number of Sri Lankan families, Construction, Engineering Services, Housing and Common Amenities Minister Wimal Weerawansa said. The minister said so addressing an event organised to hand over land and housing deeds to over 2,000 beneficiaries under the one million housing project.
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Monday, March 19, 2012 @ 08:58:03 LKT |
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More opportunities for industrialists: EDB to increase annual income by 2015
The Sri Lanka Export Development Board (EDB) aims to increase their annual income to US $15 billion by 2015 through apparel, tea, rubber products, gems, diamond, jewellery, ICT/BPO, food and beverages, and spices and allied sector exports, Sri Lanka Export Development Board Chairman Janaka Ratnayake said.
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Saturday, March 17, 2012 @ 12:30:13 LKT |
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Local engineers to handle future constructions
All future constructions under the Irrigation and Water Management Ministry, would be done by utilizing the knowledge of Sri Lankan engineers, Irrigation and Water Management Minister Nimal Siripala de Silva said, addressing the inaugural ceremony of the Wekumbura Reservoir in Uva Paranagama recently.
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Friday, March 16, 2012 @ 07:43:03 LKT |
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N-E reconstruction over by next year
All development programmes and reconstruction activities implemented in conflict affected areas are to be completed by the end of 2013, Economic Development Ministry sources said yesterday. Sources said the government had spent around Rs125 billion for development and reconstruction activities in the Eastern province from 2006 to 2011.
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Friday, March 16, 2012 @ 07:38:46 LKT |
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Cottage industry training under Divi Neguma
 Around 2,610 persons have been trained in cottage industries under the Divi Neguma programme up to now.
Apart from this, 1,348 persons are being trained and another 908 have been selected for training in the near future, Divi Neguma Director Jayathilake Herath said.
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Thursday, March 15, 2012 @ 07:40:22 LKT |
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Development News |
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Fairs to sell Divi Neguma products
The Economic Development Ministry will hold around 500 to 600 fairs throughout the country to sell products under the Divi Neguma programme to mark the Sinhala and Tamil New Year season, Economic Development Ministry Additional Secretary R R A K Ranawaka said. This will be implemented as a joint programme with the Samurdhi Authority, he said.
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Monday, March 12, 2012 @ 06:54:52 LKT |
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'Red tape hampers development'
 Bureaucracy and out-dated procedures are major barriers for development, Irrigation and Water Management Minister Nimal Siripala de Silva said.
Irrigation and Water Management Minister Nimal Siripala de Silva presenting an appointment letter to an engineer
The minister was addressing an appointment letter presentation ceremony at the Irrigation Department, Colombo recently.
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Saturday, March 10, 2012 @ 06:23:33 LKT |
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SaNDuN |
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