I also like to see some interesting article which are related to investments and will help young entrepreneurs to have positive thought about our countries future and investment environment and will give confidents to us.also to invest our hard earned money.
I saw this article that appeared on LBO.lk which I copy below;
Aug 10, 2015 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe said, the government will provide freehold land titles for those who have enjoyed occupation of land under different government schemes since 1931.
“We want to encourage small ownership, a strong middle class and this is why we will be giving full hold to the all lands issued on permits from 1931, whether it will be a land for agriculture , lands for building houses or even flats,” Wickremesinghe told the Economic Summit held last week.
“We expect about two or 2.5 million freehold titles to come to the market, empowering the people and rejuvenating their lives and the economy.”
He says the government will also push the Western Megapolis project which was planned in 2004, encompassing eight million people to spur the Island’s development.
“If any Asian country wants to develop, you need a large city, you can’t run only with Colombo,” Wickremesinghe said.
“So we are looking at a highly developed western province,”
“We can beatify Colombo more but Colombo’s population won’t increase,”
“About 500,000 housing units to be promoted by the public and private sector to be available to the people especially to the middle class and the working class.”
Wickremesinghe said, through these measures, key capital cities will foster growth.
- Sri Lanka’s PM says 2.5mn Freehold lands to come into market
while thanking LBO,
with the forum permission I like to see more articles that will interest all of us.