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.
The funeral of arguably the Queen of the Sinhala cinema Malini Fonseka, will be held with state honours on Monday, May 26, 2025, at the Independence Square.
First Bishop of the Batticaloa Diocese, Retired Bishop Joseph Ponnaiya, passed away today at the age of 74, following a brief illness.
The NPP government has been at the wheel for almost 6 months now. The time to keep looking at the rear view mirror and living in the past is about over.
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