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DateLine Monday, 19 May 2008

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Rs. 2.5b investment for Mini City

A consortium of three leading corporates would invest over Rs. 2,5 billion for a combined mixed development project of their properties which are situated adjacent to each other in Colombo 2. John Keells Holdings, Associated Motorways and Finlays Colombo signed a Memorandum of Understanding to undertake a feasibility study for this project expected to be a landmark in the city of Colombo.

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SriLankan, Mihin to merge commercial synergies -New CEO

SriLankan Airlines and budget carrier Mihin Air will be run as two independent airlines merging commercial synergies, new SriLankan Airlines CEO Manoj Vaas Gunawardena told Daily News Business.

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Fresh bidder for Colombo South Port expansion

The Colombo South Port expansion project is on track and will call for fresh proposals for the construction of the breakwater system in July, the Chairman of the Ports Authority Saliya Wickramsuriya said.

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Exchanging of the MOU. Susantha Ratnayake (extreme right) congratulating Kumar Jayasuriya after the signing of the MoU. Ajita De Zoysa is in the middle. Inset: An artistic sketch of the preliminary concept Picture by Geeth De Mel



 
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