The key component of the expansion project of Sri Lanka’s Bandaranaike International Airport (BIA) worth Rs. 108 billion is to commence later this month.
The Indian High Commission in Colombo has reportedly stated that India has offered Sri Lanka a Line of Credit worth US$ 100 million for three solar projects.
The government of Sri Lanka has awarded a Rs. 942.47 million contract to construct three oil storage tanks at the Kolonnawa oil storing complex to Indo-East Engineering and Construction Lanka Ltd.
Sri Lanka’s Export Development Board (EDB) has reportedly said the country is looking at increasing exports to China by participating in an import fair in the country and also reactivating talks on a proposed free trade agreement (FTA).
The Board of Investments of Sri Lanka has reportedly approved projects to the tune of US$ 1.2 billion so far this year.
The announcement has been made to the media by Director General (DG) of BOI, Sanjaya Mohottala.