Sri Lankan authorities are planning to set up an aircraft and maintenance and repair overhaul (MRO) unit, a transit hotel, expand duty free services at Mattala Rajapaksa International Airport
China last week approved the long-awaited US$ 1.5 billion swap that is expected to boost Sri Lanka’s flagging reserves, State Minister of Money, Capital Markets, and State Enterprise Reform Ajith Nivard Cabraal has reportedly stated.
The Indian High Commission in Sri Lanka last week announced that the first consignment of 10 coaches out of 160 stainless steel passenger coaches supplied by RITES Ltd. to Sri Lanka Railways has been delivered to the island.
The government of Sri Lanka has reportedly granted approval to set up a second pharmaceutical production zone in Millewa, Horana,
Sri Lanka is among the top three Asian countries with the highest share of renewable energy sources according to a study carried out by REN21 (international policy network which supports sustainable energy future with renewables)