Cabinet approves extension of port city agreement for 6 months

The Cabinet Committee on Economic Management had recommended allowing resumption of the project subject to limitations and conditions stipulated in the EIA report.Accordingly, a proposal made by Prime Minister Ranil Wickremesinghe, to extend the project agreement for a further period of six months from 15 March 2016, was approved by the Cabinet of Ministers. (Colombo Gazette) The Cabinet has approved the extension of the agreement on the Port City project for six months, the Government said.The project was suspended from February 2015 over environmental issues and a comprehensive environmental impact assessment was later sought.

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