Sri Lanka will rebuild stronger after cyclone devastation, Rs500bn extra spend : Minister

Congestion and delays continue at Colombia, post-cyclone shutdown

The aftermath of recent severe storms in Sri Lanka has left huge numbers of containers stranded at Colombo Port, causing heavy congestion in the harbour, according to local industry sources. Cyclone Ditwah, said to be the deadliest to have hit Sri Lanka in recent years, forced authorities to shut port terminals for four days in late November, but the weather has continued to challenge normal operations at the busy container hub ... The post Cong…

Sri Lanka will rebuild stronger after cyclone devastation, Rs500bn extra spend : Minister

ECONOMYNEXT – Sri Lanka will re-build better and stronger in the recovery from Cyclone Ditwah, Deputy Minister of Finance and Planning, Anil Jayantha Fernando said as the island recovers from the worst natural disater in over two decades that has left more than 800 people dead of missing. “We will re-build better and stronger,” Minister Jayantha said. “When we reconstruct, we have to make soemthing that is better than what it was.” Sri Lanka is …