Bharti Airtel further invests US$ 100m:
US$ 1b Mumbai investment for housing
Bharti Airtel Lanka and the Atlantis Developments
Private (Ltd) have signed two agreements with BoI yesterday to
commence two new projects in Sri Lanka. Our construction projects
consist of 60,000 houses with an estimated cost of US$ 1 b and US$
500 million had already been allocated for the first project. First
phase of the project will be located in Rajagiriya, in one and half
acre land.
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Hemas enters maritime business
Far Shipping Lanka a wholly owned subsidiary of
Hemas Holdings Plc has been appointed as the Exclusive Shipping
Agent for Far Shipping Lines, Singapore. An agreement was signed
recently in Singapore by both parties to enhance their operations in
Sri Lanka.
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ICTA launches grant schemes
The 11th Private Sector Forum conducted by the
Information and Communication Technology Agency of Sri Lanka will be
held on March 18. A comprehensive update on the developments in the
ICT Capacity Building Programme will be given at this forum.
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