- Last Update 2024-11-07 21:51:00
New state-owned Expressway Investment Company to be established
A new state-owned entity called Expressway Investment Company under Treasury is to be established for collecting funds for the construction, maintenance and revenue collection from expressways in the country.
The Cabinet of Ministers yesterday approved the proposal submitted by the Treasury to set up the entity as rural by-ways projects covering 100,000 kilometres are being implemented in addition to the ongoing implementation of the Central expressway, inauguration of Ruwanpura expressway and Kelaniya to Athurugiriya expressways.
The Cabinet paper noted that approximately 0.5-1% of the Gross Domestic Product should be allocated for the financing of expressways under construction and other scheduled projects.
-
Still No Comments Posted.
- November 1, 2024 - 235 - 0
Northern Province’s Palali-Achchuveli road reopens after 30 years
The Palali-Achchuveli main road in the Northern Province was reopened today (Nov 01) after being closed for over 30 years, following a directive from President Anura Kumara Dissanayake.
- October 29, 2024 - 232 - 0
Housemaid gets off with pilot’s baggage at BIA
A housemaid who stole a pilot’s baggage at the Bandaranaike International Airport was arrested within three hours after the robbery today, Police said.
- November 1, 2024 - 224 - 0
Immigration Dept. to launch online passport appointment system
The Department of Immigration and Emigration has announced plans to introduce an online appointment system for passport applications, set to launch soon.
Related Articles
IN PIX; Elephant rescued in a three hour operation
- 07/11/2024 - 29 - 0
News Pictures of the Week
- 07/11/2024 - 7 - 0
EC issues leave guidelines for 2024 General Election
- 07/11/2024 - 57 - 0
Ex-State Minister Lohan & wife further remanded
- 07/11/2024 - 121 - 0
Leave Comments