Friday 18 September 2015

Port City Project agreement further extended

The Cabinet on Wednesday gave the nod to extend the agreement for the controversial Colombo Port City Development Project for a further period of six months, Cabinet spokesman and Minister Rajitha Senaratne said.

 “The period of the agreement signed between the Government and the relevant project company on September 16 last year expired on September 15 this year and hence a proposal had been made by Ports and Shipping Minister Arjuna Ranatunga to extend the bilateral agreement for six more months from September 15, 2015 and it was approved by the Cabinet of Ministers,” Dr. Senaratne told the weekly cabinet news briefing. 

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(Source: Daily Mirror)

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