The Hon. Kumara Jayakody - Minister of Energy
The Minister of Energy stated that the Government intends to expedite a legacy project currently at the implementation stage. He said the developer has requested land vesting acceptable to banks as security in order to facilitate financing, not merely as a land handover. A Cabinet Paper has been submitted, and further action will follow after receiving observations from the Ministry of Finance.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Mr. Speaker, we are keen to expedite this legacy project now at our implementation stage. The developer has sought land vesting in a manner acceptable to banks as security. This is not merely a land handover issue; it is to enable financing. We have submitted a Cabinet Paper and await observations from the Ministry of Finance. Upon receipt, we will proceed.
Provenance
- Source
- Hansard, Thursday, 9 January 2025 ·No. 1738229262040729 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
- Permalink
/lk/speeches/23624
Cite as: The Hon. Kumara Jayakody - Minister of Energy. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 January 2025. No. 1738229262040729. Politick, https://staging.politick.io/lk/speeches/23624