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Port City attracts USD 2.5 bn worth investments

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Two regulations under the Colombo Port City Economic Commission Act are to be submitted to Parliament today (22), it was reported.

Accordingly, the regulation to grant permission for investing in the Colombo Port City project and the proposal for the fees to be charged for the same will be submitted to Parliament.

Meanwhile, the port city administration said both local and foreign investors have expressed their interest to implement investments worth about USD 2.5 billion in the port city.

It was said that the basic construction of the port city is expected to be completed before the end of this year.  Accordingly, the Port City Commission said that several more features will be opened for the public in the future.

Meanwhile, the government refused to allow for a debate on the current situation in the country to be held today as requested by the Opposition MPs. 

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Date announced for Grade 05 scholarship exam

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The 2023 Grade 05 scholarship exam will be held on 15 October, the Department of Examinations says.

Accordingly, the exam will be held at 2,888 centres across the country, Commissioner General of Examinations – H. J. M. Amith Jayasundara said.

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Nadeesha wins Silver at Asian Games

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Nadeesha Dilhani Lekamge has won the silver medal in the women’s javelin throw event at the 2023 Asian Games currently being held in Hangzhou, China.

She won the silver with an impressive throw of 61.57m which is also her personal best.

India’s Annu Rani won the gold medal in the event while China’s Lyu Huihui won the bronze medal.

This is the first athletics medal for Sri Lanka at the Asian Games in 17 years and only the second medal for the island nation so far this year.

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Fish processing unit at Oluwil to be leased

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The cabinet has previously given approval to reactivate the unused fish processing plant in the Oluwil fishing port premises and provide facilities to the TES (Private) Company Limited to run fish processing activities.  

Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Fisheries to lease the fish processing unit located in the Oluwil Ports Complex to TES (Private)  Company Limited for a period of 10 years subject to the relevant rent being charged monthly, as recommended by the Cabinet Appointed Negotiation Committee.

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