Sri Lanka’s President Gotabaya Rajapaksa has reportedly ordered the state-run Ceylon Electricity Board (CEB) to expedite the construction of a 300 Mega Watt coal power plant to help overcome a power crisis.
Sri Lanka’s tourism industry, which has been badly affected by the Covid-19 pandemic, is expected to generate US$ 1.5 billion revenue for 2020 which is almost 50 percent revenue loss from 2019.
The Government of India has reportedly extended its fullest cooperation to boost Sri Lanka’s investment and tourism sectors.
Accordingly, Indian High Commissioner in Sri Lanka Gopal Bagley has assured that the necessary financial, technical and other support will be provided to the investment and tourism sectors.
The Cabinet of Ministers in Sri Lanka has last week granted approval to recommence the constructions of 18 bridges in the country’s southern district of Hambantota. These bridges have been partially completed.
Sri Lanka’s Access Engineering has reportedly said it is building the largest warehouse in the country for a solid tire company, though construction was hit in early 2020