The Central Bank of Sri Lanka has reportedly stated that the Land Valuations Indicator (LVI) for the Colombo District has grown 10.4 percent in the second half of 2019 from a year earlier.
The Sri Lanka Ports Authority (SLPA) has reportedly signed a consultancy service agreement to conduct a feasibility study for the proposed Colombo North Port development project with AECOM Infrastructure & Environment UK Limited.
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.