LKCSE Colombo Stock Exchange Open
  • Current Exchange
    Colombo Stock Exchange LKCSE

Market time

Send This Page To Friends and Colleagues

You can Enter more than one email separated by (,)
Allowed 100 characters only
22 December, 2015 09:05 AM Source: Financial Times - Sri Lanka
news 1.jpg

A major facelift is in progress in the eastern region under the overview of the Premier to address key sectors of economic potential, a top official said.

Eastern Province Chief Minister Naseer Ahamed outlined several projects that have been given the nod from Prime Minister Ranil Wickremesinghe mainly in the area of tourism, of which one involves building a golf course in Valaichchenai utilising the paper mill factory land.

“The Prime Minister is very keen to develop Vakarai to Batticaloa as a tourism zone that comes around 80 acres of 18 km stretch. In addition to that he has the intention to convert the Valaichchenai Paper Mill into a golf course addition to a 100 acre industrial zone. We are hopeful that this will take off within two years,” he pointed out.

Ahamed made these remarks at a press conference held to explain the arrangements of the second ‘Invest in East Forum’ to be held on 28 January next year. Elaborating on the human resource potential of the province, he said 200,000 youth were unemployed of which 4,000 were graduates. Citing the natural resources available he noted that a vast area of land is available while 980 water tanks which could be utilised were also accessible.

- See more at:

Add Comment | 0   comment

Readers Comment

Nothing found to display
page number 1

Add Comment

Please login first to comment Click here to login

Stocks in Focus

Features for Registered Users

E-mail Alerts
Daily Newsletter
Your Watchlist
Advanced Tools
Many more

Will automatically display the last quotes you have visited here.

All Rights Reserved - DUInvest © 2014


Do You have an Account ? , Click here to create a new account

Your Opinion Matters

What do you think about the new Website?