Sri Lanka’s Ministry of Urban Development, Water Supply and Housing Facilities, the Urban Development Authority (UDA) and CHEC Port City of Colombo have signed a tripartite agreement last week on the construction of a marina at the proposed Colombo Port City.
Sri Lanka’s Board of Investment (BOI) has reportedly taken measures to expedite the setting up of a proposed fabric park in the country’s Eastern Province.
The Board of Investment (BOI) of Sri Lanka has reportedly stated that the country has attracted over US$ 500 million worth of orders for the production of personal protective equipment (PPEs), and has expressed confidence the value will top US$ 1 billion in the near future.
Sri Lanka’s Minister for Industrial Exports and Investment Promotions, Tourism and Aviation Prasanna Ranatunga has reportedly called on the relevant authorities to issue the necessary guidelines to reopen tourist hotels and restaurants by next week.
Chairman of Sri Lanka Tea Board, Jayampathy Molligoda has reportedly said that the country’s tea industry would be in a position to demonstrate its ability to withstand the pressure mounted by the Covid 19 global pandemic.