Sri Lanka’s Ministry of Highways has reportedly received approval from the Cabinet of Ministers to seek a proposal from China National Technical Import and Export Corporation (CNTIC) to revive the proposed Ratnapura expressway project.
The government of Sri Lanka has reportedly decided to import fertilizer worth over US$ 20 million to meet the local requirements.
The expansion of Sri Lanka’s Bandaranaike International Airport (BIA), which is estimated to cost around US$ 570 million (Rs. 103 billion), has reportedly been assigned to Japan’s Taisei Corporation.
The government of Sri Lanka has reportedly decided to enter into a Memorandum of Understanding (MoU) with the Government of India to upgrade the Jaffna International Airport in Palaly in Sri Lanka’s Northern Province with a grant of Rs.300 million.
Hotels in Sri Lanka’s southern coast have reportedly recorded 100 percent occupancy despite a drop in Chinese tourists due to the coronavirus outbreak.