Sunday Observer Online


Sunday, 19 June 2016





Marriage Proposals
Government Gazette

Megapolis Plan to be institutionalized

The proposed Western Region Megapolis Plan will be institutionalized through an Act of Parliament to ensure it remains intact as a stable ‘national policy’, Head of Investment, Megapolis Project, Nayana Mawilmada told a group of Ceylon Chamber officials last week.

Head of Investments, Western Region Megapolis Planning Project, Nayana Mawilmada speaks at the Ceylon Chamber of Commerce.

Responding to a question by Chairperson, Ceylon Chamber of Commerce, Samantha Ranatunga, who chaired the meeting, Mawilmada said, “There is broad-based support for the project.

The plan will go through Parliament and will be made law together with the setting up of a new institution for its implementation to ensure that a stable policy environment is established.

If somebody wants to change the plan and periodic revisions and updates will certainly be required, it will have to be done through a parliamentary mandate.”

On mobilising land resources for the project, Mawilmada said, “Some land acquisition will certainly be needed, but where possible we will seek to partner with private sector landowners so that the benefits of planned development can be shared.

We are also looking to consolidate management of State land resources so that State assets can be utilized and committed for development projects more efficiently and also put forward for investments more systematically.”

The Ceylon Chamber of Commerce main committee, which consist of top business leaders as members, meets once a month and invites a guest speaker to address the committee members on various important economic issues.

The Vice Chairperson, Rajendra Theagarajah, and Dhara Wijayatilake, CEO of the Ceylon Chamber, were also present.


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