ECONOMYNEXT – Land owned by Sri Lanka railways will be offered for private developers for investment, Finance Minister Basil Rajapaksa said presenting a budget speech.

“I propose to obtain investments through public-private partnerships and local and international sources to implement mixed development projects comprising of shopping malls, financial services, hotels, office facilities, cinema halls, entertainment centres [and] apartments,” he said in a budget for 2022.

He said some lands owned by Department of Railways are currently not being utilized productively.

ECONOMYNEXT – Land owned by Sri Lanka railways will be offered for private developers for investment, Finance Minister Basil Rajapaksa said presenting a budget speech.

“I propose to obtain investments through public-private partnerships and local and international sources to implement mixed development projects comprising of shopping malls, financial services, hotels, office facilities, cinema halls, entertainment centres [and] apartments,” he said in a budget for 2022.

He said some lands owned by Department of Railways are currently not being utilized productively.

ECONOMYNEXT – Land owned by Sri Lanka railways will be offered for private developers for investment, Finance Minister Basil Rajapaksa said presenting a budget speech.

“I propose to obtain investments through public-private partnerships and local and international sources to implement mixed development projects comprising of shopping malls, financial services, hotels, office facilities, cinema halls, entertainment centres [and] apartments,” he said in a budget for 2022.

He said some lands owned by Department of Railways are currently not being utilized productively.