SL’s economy may overtake projected 5% growth

Sri Lanka’s economy may grow stronger than the projected 5.0-5.5 percent fuelled by the proposed Chinese investments, IMF loan deal and better export revenue in the second half of the year. The economy grew 4.8 percent last year compared to 4.9 percent in 2014. Central Bank (CB) Governor Arjuna Mahendran said there are ‘glimmers’ of what could be a reasonably strong growth outlook for the rest of the year.

To ease traffic congestion

Elevated highways to link Colombo, Peliyagoda and Rajagiriya:

The Government plans to build two elevated highways linking Colombo to Peliyagoda and Rajagiriya to ease traffic congestion and connect the suburbs to the Expressways. The construction of elevated highways will be one of the government’s top priorities and the project is due to begin in September.

Global awareness on biz opps in SL

The Ministry of Finance in partnership with CNBC, one of the world’s leading business and financial news networks, recently launched ‘Global Opportunities Sri Lanka’, a series that looks into Sri Lanka’s key industries and investment opportunities. The ‘Global Opportunities Sri Lanka’ campaign will run until June 2016.