State Land in Sri Lanka: For 16 investors
Sri Lanka’s cabinet has approved the award of state land in regional industrial zones to 16 investors, Cabinet spokesman Minister Bandula Gunawardana said.
As a response to the proposal made by Minister Ramesh Pathirana to award the State lands to the investors, the cabinet had cleared to award the lands to the investors.
The awards were recommended by regional industrial services committees and a project evaluation committee of the Ministry of Industries, the minister said.
“Land will be given on 35-year leases,” said Minister Gunawardana.
