Among a range of projects identified were information technology, hotel and health. Minister Ranatunga, who is also the Chief Government Whip, said that he was confident of raising at least Rs 09 bn this year. The lands, earmarked for leasing, are located in Fort, Galle Fort, Warakapola, Avissawella, Thalawathugoda, Kottawa, Ekala, Kandy, Narahenpita, Nawalapitiya, Balangoda, Kolonnawa, Wellawatte and Padukka. Of the identified projects, agreements regarding were been finalized last year. The Urban Development and Housing Ministry said that a special mechanism had been established to provide necessary approvals within 09 and 120 days for projects that were submitted through the Board of Investment (BoI).

Source: The Nation January 08, 2024 18:05 UTC