Sri Lanka’s State Minister of Tourism Promotion Arundika Fernando has reportedly said that the country’s tourism authorities with the assistance of several other ministries are looking at redeveloping Hamilton canal
Foreign investor interest is back in Sri Lanka and last week’s mega deal worth Rs. 22.7 billion on premier blue chip John Keells Holdings (JKH) is being flagged off as a big boost, the Daily FT has reported.
The government of Sri Lanka is considering the purchase of emergency power from private power producers since the country could face power cuts by March this year.
The government of Sri Lanka has reportedly announced that it has hired Rohde Nielsen A/S of Denmark to nourish two beach stretches subject to severe erosion that are important for the country’s tourist industry.
The Asian Development Bank (ADB) has reportedly said it will in February review a proposal to invest US$ 100 million in a credit guarantee firm in Sri Lanka which will serve small and medium sized enterprises (SMEs).