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සංවර්ධන News
- Thread starter monson
- Start date
Procuring of 400 Nos. 50-54 High Back Seater New Buses and 100 Nos. 32-35 Seater New Buses for Sri Lanka Transport Board under the Indian Line of Credit
Government of Sri Lanka (GOSL) has taken a policy decision to procure 500 buses including 400 Nos. 50-54 High Back Seater New Buses and 100 Nos. 32-35 Seater New Buses for Sri Lanka Transport Board (SLTB). The main objective of this project is to replace over 15 year old bus fleet in order to maintain the present operation level of SLTB without depleting in rural routes. Accordingly, with the approval of the cabinet of Ministers’, the GOSL has decided utilize the funds available in an existing Indian Line of Credit for procurement buses which is a concessionary financing facility. In light of this, the Government of India has agreed to allocate USD 15.03 million in this regard from the same Credit Line. At the moment, the prequalification process has been undertaken prior to commencement of the tendering process.
- http://www.erd.gov.lk/index.php?opt...redit&catid=30:latest-news&lang=en&Itemid=225
Purchase of 750 Nos Jeeps for Sri Lanka Police (including 150 Nos Jeeps for Special Task Force) under the Indian Line of Credit.
In line with the Government of Sri Lanka’s policy to increase the number of Police Station to 600 with the view to further strengthen the public security, law and order of the country, the government has taken a policy decision to Purchase of 750 Nos Jeeps for Sri Lanka Police (including 150 Nos Jeeps for Special Task Force). The decision has been approved the cabinet of ministers’ for implementation. The financing arrangement for this project has been made with the Government of India through utilization of concessionary funding available in an existing Indian Line of Credit. Accordingly, USD 20 million will be utilized from the above credit line for the procurement of 750 jeeps. At the moment, the prequalification process has been started prior to commence the tendering process.
- http://www.erd.gov.lk/index.php?opt...redit&catid=30:latest-news&lang=en&Itemid=225
Government of Sri Lanka (GOSL) has taken a policy decision to procure 500 buses including 400 Nos. 50-54 High Back Seater New Buses and 100 Nos. 32-35 Seater New Buses for Sri Lanka Transport Board (SLTB). The main objective of this project is to replace over 15 year old bus fleet in order to maintain the present operation level of SLTB without depleting in rural routes. Accordingly, with the approval of the cabinet of Ministers’, the GOSL has decided utilize the funds available in an existing Indian Line of Credit for procurement buses which is a concessionary financing facility. In light of this, the Government of India has agreed to allocate USD 15.03 million in this regard from the same Credit Line. At the moment, the prequalification process has been undertaken prior to commencement of the tendering process.
- http://www.erd.gov.lk/index.php?opt...redit&catid=30:latest-news&lang=en&Itemid=225
Purchase of 750 Nos Jeeps for Sri Lanka Police (including 150 Nos Jeeps for Special Task Force) under the Indian Line of Credit.
In line with the Government of Sri Lanka’s policy to increase the number of Police Station to 600 with the view to further strengthen the public security, law and order of the country, the government has taken a policy decision to Purchase of 750 Nos Jeeps for Sri Lanka Police (including 150 Nos Jeeps for Special Task Force). The decision has been approved the cabinet of ministers’ for implementation. The financing arrangement for this project has been made with the Government of India through utilization of concessionary funding available in an existing Indian Line of Credit. Accordingly, USD 20 million will be utilized from the above credit line for the procurement of 750 jeeps. At the moment, the prequalification process has been started prior to commence the tendering process.
- http://www.erd.gov.lk/index.php?opt...redit&catid=30:latest-news&lang=en&Itemid=225
Agreement Signing for Improving the Resilience and Livability of Matara City and the Greater Matara Area
- https://www.facebook.com/scdpSL/posts/801392673549381?__tn__=C-R
- https://www.facebook.com/scdpSL/posts/801392673549381?__tn__=C-R
Goverment disallows foreign construction firms fully undertaking State-funded projects
Sri Lanka will ban foreign construction companies undertaking government projects without a partnership with a local entity, unless the project is fully financed
by foreign parties.
“To support the local construction companies, no foreign construction company will be allowed to tender for Government projects, unless the project is fully foreign financed, without forming a joint venture with a local construction or consultancy company,” Finance Minister Mangala Samaraweera announced yesterday.
He said the government wants local companies to benefit from the transfer of technology by forming partnerships with foreign construction firms.
The minister also proposed to revive the local construction contractors who have been hit by high costs mainly due to high taxation.
He proposed to reduce cess on imported construction material by 30 percent and to remove the Nation Building Tax (NBT) on the main construction contractor.
More: http://www.dailymirror.lk/business-...-undertaking-State-funded-projects/273-163402
Sri Lanka will ban foreign construction companies undertaking government projects without a partnership with a local entity, unless the project is fully financed
by foreign parties.
“To support the local construction companies, no foreign construction company will be allowed to tender for Government projects, unless the project is fully foreign financed, without forming a joint venture with a local construction or consultancy company,” Finance Minister Mangala Samaraweera announced yesterday.
He said the government wants local companies to benefit from the transfer of technology by forming partnerships with foreign construction firms.
The minister also proposed to revive the local construction contractors who have been hit by high costs mainly due to high taxation.
He proposed to reduce cess on imported construction material by 30 percent and to remove the Nation Building Tax (NBT) on the main construction contractor.
More: http://www.dailymirror.lk/business-...-undertaking-State-funded-projects/273-163402
Sri Lanka gets oil refinery, steel plant investments from Singapore
Sri Lanka gets oil refinery, steel plant investments from Singapore
Mar 06, 2019 14:49 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lanka’s investment promotion agency has approved investments for a steel manufacturing plant and an oil refinery, Minister of Development Strategies and International Trade Malik Samarawickrama said.
“Already this year, the Board of Investment has approved in principle a billion dollar steel manufacturing plant in (eastern) trincomalee,” he told a post-budget forum held by Ernst & Young the day after the government’s 2019 budget was presented in parliament.
“The BOI has approved another proposal for a four billion dollar export-oriented oil refinery, although it will take about three and a half years to set up the plant.”
The refinery will be in southern Hambantota, where there is a large port run by a Chinese company.
“These two large investments are from Singaporean companies – the refinery and steel manufacturing plant - using the Free Trade Agreement for their investments,” Samarawickrama said.
“They will show the world we are ready for business.”
(COLOMBO, March 06, 2019-SB)
- https://economynext.com/Sri_Lanka_g...ant_investments_from_Singapore-3-13646-1.html
Sri Lanka gets oil refinery, steel plant investments from Singapore
Mar 06, 2019 14:49 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lanka’s investment promotion agency has approved investments for a steel manufacturing plant and an oil refinery, Minister of Development Strategies and International Trade Malik Samarawickrama said.
“Already this year, the Board of Investment has approved in principle a billion dollar steel manufacturing plant in (eastern) trincomalee,” he told a post-budget forum held by Ernst & Young the day after the government’s 2019 budget was presented in parliament.
“The BOI has approved another proposal for a four billion dollar export-oriented oil refinery, although it will take about three and a half years to set up the plant.”
The refinery will be in southern Hambantota, where there is a large port run by a Chinese company.
“These two large investments are from Singaporean companies – the refinery and steel manufacturing plant - using the Free Trade Agreement for their investments,” Samarawickrama said.
“They will show the world we are ready for business.”
(COLOMBO, March 06, 2019-SB)
- https://economynext.com/Sri_Lanka_g...ant_investments_from_Singapore-3-13646-1.html
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