Srilanka

Colombo Port City infrastructure development is to be completed by mid- 2020, said Simon Tham, the Assistant General Manager of CHEC Port City Colombo (Pvt) Ltd. Tham said the Port City, which is the single largest FDI project in Sri Lanka, is to transform the future of condominium living in Sri Lanka to a great extent.

A ceremony was held on August 24, 2019 at the site of the Bogambara Prison Complex Redevelopment to announce the opening of phase I of the project for the Bogambara Cultural Park. The project was officially opened by Prime Minister Ranil Wickremesinghe, who formally unveiled a plaque in honour of the occasion and also delivered the keynote address.

The government has disbursed loans to the value of Rs. 91 billion under its major development program ‘Enterprise Sri Lanka& over the last two years, a Treasury official said.A large portion of loans has been given under the ‘Jaya Isura& category- which is meant for entrepreneurs and small and medium sector enterprises. The total loans issued under this category in August amounted to Rs. 56 billion. Meanwhile, loans under ‘Ran Aswenna& which is targeted at agriculture based programs amounted to Rs. 21 billion.

INTERPOL Secretary General Jürgen Stock has commended Prime Minister Ranil Wickremesinghe for properly understanding the need for the international community to come together to launch a common program to ensure global security and rendering his constant support to improve the international security arrangements. When the delegation met the Premier at the Temple Trees yesterday (27), the Secretary General has stressed that, although the INTERPOL is a police organization, political assistance is required at times to make its role more effective.