Colombo Page: Friday, August 19, 2005, 12:26 GMT, ColomboPage News Desk, Sri Lanka.
Aug 19, Colombo: The Sri Lankan government yesterday announced that it would re-establish the Ceylon Transport Board (CTB) and take the State bus sector under its centralized administration.
Cabinet Spokesman Minister Nimal Siripala De Silva said President Chandrika Kumaratunga forwarded the proposal to Cabinet in this regard and the Cabinet has approved it.
“It will be placed before parliament as an urgent legislation after the Supreme Court confirms its constitutionality,” he said.
The Cabinet has also approved another memorandum forwarded by the President for the immediate purchase of 2,000 buses for the State bus sector under the Indian Credit Line at a cost of US $46 million, the spokesman said.
Aug 19, Colombo: The Sri Lankan government yesterday announced that it would re-establish the Ceylon Transport Board (CTB) and take the State bus sector under its centralized administration.
Cabinet Spokesman Minister Nimal Siripala De Silva said President Chandrika Kumaratunga forwarded the proposal to Cabinet in this regard and the Cabinet has approved it.
“It will be placed before parliament as an urgent legislation after the Supreme Court confirms its constitutionality,” he said.
The Cabinet has also approved another memorandum forwarded by the President for the immediate purchase of 2,000 buses for the State bus sector under the Indian Credit Line at a cost of US $46 million, the spokesman said.