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Last Updated : 2024-04-23 18:56:00
15 March 2017 09:08 am - 12 - {{hitsCtrl.values.hits}}
The extension of the Central Expressway up to Dambulla had been put on hold because of a decision by the Government to stop external borrowings for any project hereafter, it is learnt.
The Cabinet Committee on Economic Management has taken this decision a week ago.
Accordingly, the Government has also shelved the implementation of the Ruwanpura Expressway project. A government source told the Daily Mirror that the Government would opt for projects on the Build, Operate and Transfer (BOT) model only.
The source said this was a temporary move taken to tide over the crisis involving debt servicing at the moment.
“Once we come out of it, we can opt for development loans,” the source said.
However, the source said that the Government would proceed with the construction of the Central Expressway linking Colombo with Kandy via Kurunegala. (Kelum Bandara)
pds Wednesday, 15 March 2017 09:18 AM
what append to the "moon and the sun" you promised during the elections ??. Things are getting bad to worse !!!
Dr. Watson Wednesday, 15 March 2017 09:22 AM
A very sensible decision. Thanks.
RD Wednesday, 15 March 2017 09:40 AM
Good and positive move. But please don't suspend or stop buying or rent vehicles for our parliamentarians as they need those to serve us. I think RW may consider buying helicopters for MPs due non-availability of new and quality roads.
ANTON Wednesday, 15 March 2017 09:56 AM
VOTES FOR THE MEGA ELECTIONS WILL ALSO BE REMAINED ON HOLD.
DG Wednesday, 15 March 2017 09:58 AM
Big publicity and then put on hold!! Amazing development...
Sharon Wednesday, 15 March 2017 10:03 AM
Simply incompetent....
Sharon Wednesday, 15 March 2017 10:05 AM
I remember Mr. S Premadasa saying that "we will start a massive development after 8th Jan".
Sharon Wednesday, 15 March 2017 10:07 AM
People have realized that this is a bunch of jokers and time wasters... Wonder how MR did all these developments... Simply amazing and well done MR...
Sharon Wednesday, 15 March 2017 10:08 AM
Country is on the reverse gear...... SAD......
dinesh Wednesday, 15 March 2017 10:27 AM
the psyche of our locals. when they build highways they say its wasteful and unnecessary (excluding the corruption element). when they dont build they say aiyoo useless these fellows are doing nothing. when they take loans they say how on earth are we going to pay. when they put on hold they say all talk for nothing. frankly I think this is a sensible move. via DM iOS App
ceylon Wednesday, 15 March 2017 10:52 AM
abolish all the economic restrictions.allow freedom of wealth creating.free trade and free of un necesary government interfearence to make lanka poverty free nation. via DM Android App
Egad Thursday, 16 March 2017 07:38 AM
Wise decision if it holds.All big loans should be set aside until country`s debt repayment position is evaluated. None of completed highways generate revenue to service loans taken while o
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