Iran pledges support to construct industrial park
An Iranian delegation which met Minister of Urban and Sacred Area
Development, Dinesh Gunawardene yesterday pledged its assistance to
construct an industrial park in Sri Lanka while expressing confidence in
the Government's development projects.
Urban Development and Sacred Area Development Minister Dinesh
Gunawardene held extensive discussions with the delegates of Iran who
are in Sri Lanka participating in the Iran Trade Exhibition at the Sri
Lanka Exhibition and Conventional Centre.
The Minister briefed the delegation on the Government's ongoing
development projects including the Panchikawatta Triangle Development
project and Battaramulla Administrative Complex Development Project.
He said President Mahinda Rajapaksa's recent visit to Iran has
brought massive Iranian investments to Sri Lanka.
Iranian investors have placed great confidence in Sri Lanka by
investing in the Panchikawatta Triangle Development Project,
Battaramulla Administrative Development Project and East Bera
"The Urban Development and Sacred Area Development Ministry plans to
construct a 60 storeyed building in Battaramulla costing US$ 26
million", he said.
The Government plans to develop the transport sector in four stages.
The Berawewa East area too will be developed costing US$ 30 million.
Under a special development project a railway line will be laid from
Ratmalana to Battaramulla.
Surath Wickramasinghe Associates Chairman, Dr. Surath Wickramasinghe
said that the cost of the proposed Panchikawatta development project is
estimated at US$ 600 million.
Under this triangle project, an international trade centre, cultural
centre and a housing complex will be constructed.
He said all infrastructure facilities including electricity and water
will be provided.
Tax relief will be given on the imports of machinery and spare parts.
An environment development project is also planned in parallel to the
Prof. Isthikaham, Dr.Shariya Madani and Dr. Hug Wardi participated in
the discussion on behalf of Iran while Western Province Governor Alavi
Mowlana, Dr. Surath Wickramasinghe and several other officers
represented Sri Lanka.