brand logo

JVP raises questions over land deal

02 Jan 2020

The Janatha Vimukthi Peramuna (JVP) today criticized the government's latest decision to lease out state land to a Singaporean company. The Finance Ministry last Sunday announced that it will lease out a state land for $ 43 million to a Singaporean company to kick off a $ 250 mixed development project. JVP Parliamentarian Vijitha Herath speaking at the press conference today(2) said that the government has sought to sell off state owned land which they promised to safeguard during their election campaign. "The new government came into power saying they would protect national assets, however the latest decision proves otherwise." Herath further noted that the government had not followed a tender procedure for the said project. "The government claims that apartments built as part of the project will be sold to locals. Apartments built on a leased-out land cannot be sold. Even if the apartments were leased-out to locals, the money would be taken back to Singapore. How is this advantageous to our country?"Herath pointed out. The mixed development project will see the construction of a 30-storey commercial tower inclusive of 700 new residencies. This investment will be made on state owned land located between the Beira Lake and Shangri-La Hotel in Colombo by a Singaporean investor called Perennial Real Estate Holdings. In August 2018, the Yahapalanaya Government was criticized by the then opposition for approving the same project during the debate over the controversial Lands Act.  

Kapruka

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


More News..