Malaysian Prime Minister Mohammad Najib bin Tun Abdul Razak during a recent visit to Sri Lanka pledged to strengthen relations with Sri Lanka and increase investment
The Sri Lankan government is to reportedly call for fresh bids to build two hotels near the Bandaranaike International Airport (BIA) in Katunayake.
The Government of Sri Lanka is to seek private investments to commence joint ventures in the fisheries sector by including tourism services into it. The move is expected to increase commercial activities at fishery harbours around the island.
A spokesperson of the Sri Lankan government says that the Sri Lanka Ports Authority (SLPA) is to call for international bids to buy two pilot boats for projects in the Colombo Port.
The Sri Lankan government has reportedly entered into three loan agreements worth US$ 270 million with the Asian Development Bank (ADB) for the implementation of two projects – the Integrated Road Investment Programme and the Jaffna Kilinochchi Water Supply Project.