The Central Bank would pay an additional bonus of 20% to Senior citizens fixed deposits (over 60 ), a Deputy Governor of the Central Bank (CB) said.

The giant development work carried out in Sri Lanka during the last four years is the largest ever development work seen in Sri Lanka since the independence.Our objective is to enlighten you on this massive development work.  As one of the steps in this regard, we present you the Website www.development.lk. We welcome your suggestions and comments.

Colombo South Port Project

Large number of higher education institutes including Universities and advance technological institutes have been damaged by the Tsunami which happened in December 2004. the project aims to supply and provide the necassary equipment and civil work required for the reconstruction of the ATIs at Labuduwa, Ampara Trincomalee and Jaffna.

The Tangalle water supply project, opened at the end of August 2008, will bring safe drinking water thousands of people in southern Sri Lanka. The government project is being run in cooperation with UNICEF.

Urban Development and Sacred Area Development Ministry has launched a program through the National Physical Planning Department and Urban Development Authority to expedite preparation of a regional plan for the Northern Region together with development plans for main cities identified such as Jaffna.

The Re-awakening Project launched under the Nation Building and Estate Infrastructure Development Ministry with World Bank financial assistance has taken the initiative to rehabilitate the main four irrigation schemes in the Northern Province at a cost of Rs 835 million, Project Director P.H. Sugathadasa said. The project has allocated Rs 385 million for Giants Tank in Mannar district and Rs 200 million for Iranamadu in the Kilinochchi district.

Cabinet approval given for a Japanese grant for a solar power generation plant at Baruthandanda, Hambantota.

The Government will launch two new rail-bus services between Gal Oya and Trincomalee and Gal Oya and Batticaloa in the Eastern Province under the Negenahira Navodaya project.