Maga Neguma to take more projects to make it profitable: Minister Johnston

29 December 2019 01:19 pm - 5     - {{hitsCtrl.values.hits}}

A A A

Steps would be taken to integrate more new projects into Maga Neguma to make Maga Neguma a profitable venture, Minister of Roads & Highways Johnston Fernando said.

“That will make Maga Neguma stand on its own,” he said.

He said the monthly operational cost of the Maga Neguma institution was around Rs. 70 million and it was compulsory to be a profitable company.

He made these remarks during a meeting held at the Road Development Authority (RDA).

Minister Fernando said that it was not possible for the government to grant the costs of the venture.

“It is my primary objective to alter Maga Neguma Company to become a profitable firm,” he said.

“Maga Neguma Company has sites which produce raw materials needed in road constructions and those should be shifted to its own sites leading to more profits,” the Minister added.

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

  Comments - 5

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • Anmanpan Sunday, 29 December 2019 01:36 PM

    He He He. A man with no substance speaking on civil engineering. What a joke.

    Sarath Sunday, 29 December 2019 02:26 PM

    More projects, more commission! Old habits coming out again

    roland boniface Sunday, 29 December 2019 04:01 PM

    Make these sites recreational ones, so that people could start playing carom at a competitive level .

    Dhusana Sunday, 29 December 2019 04:08 PM

    In any future Govt. , he cases against him will multiply !

    Hari j Sunday, 29 December 2019 06:08 PM

    Nice, was he not the guy who was aquited in corruption charges? Good habbits die hard


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




ANYTHING FOR MONEY

Some unregulated online lenders are remotely taking control of phones of thos

Frontline cops charge negligence by high-ups worsened police cluster

The police have done an invaluable service in the frontlines to combat the CO

US Vice President-Elect Kamala Harris’s Key Sri Lankan Tamil Aide

An overwhelming feeling of relief has descended upon the world-not merely th

The virus may be spreading much faster than official data suggest

The daily case reports from the Epidemiology Unit are the only data we have t

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.