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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2702

Sri Lanka Government plans to setup a FTZ at Godagama

Sunil C. Perera in Colombo

Colombo, 29 February, ( A separate free trade zone is to be formed for construction material in Godagama Homagama.

Minister Bandula Gunawardena says 200 million rupees have been allocated from the budget for this purpose.

Speaking at a media conference in Colombo today he said the formation of the zone would be completed by the end of next year.

The Minister said all shops at Sangaraja Mawatha in Kotahena will be transferred to this new zone.

He further said that the government has made preparations to import cement in April this year after a lapse of five years. The Minister said this measure would enable consumers to purchase cement at lower prices.

- Asian Tribune -

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