Sri Lanka Mineral Sands (SLMS) is looking at a modernizing plan by establishing a new fund to finance its daily operational costs along with the modernization of machinery and purchase plants to increase production.
Professionals in the transport sector are reportedly urging the government of Sri Lanka to give priority to rail transport.
According to reports
The government of Sri Lanka is reportedly looking at acquiring modern technology in order to search for ground water and new drilling equipment during drought periods.
The government of Sri Lanka is reportedly looking at the possibility of a Vietnam style “equitization” of state enterprises where the public can become shareholders.
The government of Sri Lanka has entered into a framework agreement for international trade and investment with Australia during the Australia Prime Minister’s recent visit to Sri Lanka.