Sri Lanka, March 6 -- Cabinet approval has been granted to establish a Land Management Trust for allocation of lands owned by the government and affiliated institutions to investors, Cabinet Spokesman Mass Media Minister Dr.Bandula Gunawardhana.
Speaking at the weekly Cabinet media briefing held at the Government Information Department, Minister Gunawardhana said the government owns about 82 percent of the total land area in the country and a number of government agencies are responsible for protecting and controlling these lands.
He said that various issues have arisen in the release of government land for investment activities due to the fact that these institutions have not adopted a unified approach regarding these lands. Therefore, i...