Little Treat

CEAT Kelani Holdings Managing Director Ravi Dadlani (right) and Lanka Ashok Leyland CEO Umesh Gautham exchange the OEM agreement

Apr.04 (LBO) – Sri Lanka Tuesday formalised an US$8.5 million grant on top of an already pledged US$7.0 million by Switzerland towards tsunami rebuilding work, the finance ministry said. The additional funds will be used to build owner driven housing programme in Matara and Trincomalee districts.

Todate, a total of 8,617 houses have been rebuilt with Swiss assistance.

The amendment to the agreement was by Swiss Ambassador Bernardino Regazzoni and Sri Lanka’s treasury secretary P B Jayasundera.

-LBO Newsdesk:

Notify of
Inline Feedbacks
View all comments