10th Parliament· 154 sittings on record · 30,475 speeches · latest 10 June 2026

The Hon. Wasantha Samarasinghe – Minister of Trade, Commerce, Food Security and Co-operative Development

21 May 2025 ·Oral question: Oral Question: Warehouses of Co-operative Wholesale Establishment in Welisara - Lease (Q.8/2025)

Public Finance
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The Minister answered a parliamentary question on warehouses under the Ministry’s purview, stating that there are five warehouses and that some have been leased to Lanka Sathosa and Abans PLC. He provided the floor areas and current monthly rents for three leased premises, including two to Lanka Sathosa and one to Abans. He said the premises have been referred to the Government Valuation Department for reassessment of rent at current government valuation, after which further action will be taken.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Speaker, the answer to the question is as follows.

¶ 02 (a) (i) There are 05 warehouses.

¶ 03 (ii) Yes.

¶ 04 (iii) They have been leased to Lanka Sathosa and Abans PLC.

¶ 05 (iv) - Lanka Sathosa: 34,645 sq. ft. – monthly rent Rs. 928,547.49 - Lanka Sathosa: 11,597 sq. ft. – monthly rent Rs. 268,499.54 - Abans: 28,500 sq. ft. – monthly rent Rs. 1,140,000.00

¶ 06 (v) The premises have been referred to the Government Valuation Department to compute a new assessed rent at current government valuation. The Valuation Department has commenced calculating the new rent, and based on that valuation, we expect to proceed with the next steps.

¶ 07 (b) Not applicable.

Provenance

Source
Hansard, Wednesday, 21 May 2025 ·No. 1749121318003248 ·English daily/uncorrected Hansard
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Cite as: The Hon. Wasantha Samarasinghe – Minister of Trade, Commerce, Food Security and Co-operative Development. 10th Parliament, Parliament of Sri Lanka. Hansard, 21 May 2025. No. 1749121318003248. Politick, https://staging.politick.io/lk/speeches/8072