Aging Fleet

Officials from the CA Sri Lanka overseas chapters

June 17, 2011 (LBO) – Sri Lanka’s government plans to arrange low-cost leases for private operators to help them replace aging fleets of buses with new ones, private transport services minister C B Ratnayake said. A large number of buses plying on the island’s roads were 15-20 years old and should be removed, he told a transport forum.

The authorities had held talks with People’s Leasing Company, a large state-owned firm, on arranging leases at concessional interest rates to buy buses.
buy symbicort online buy symbicort online no prescription

Ratnayake said they are also to hold talks with the central bank which regulates the financial sector.

A national transport policy drawn up in 2009 is also to be updated taking into consideration new developments like the construction of a network of expressways across the island, Ratnayake also said.

Notify of
Inline Feedbacks
View all comments