News
China and US fund ambitious Ambuluwawa Cable Car Project
By Samanthi Weerasekera
China and the United States are jointly funding the ambitious Ambuluwawa Cable Car Project, which, once completed, will offer an unparalleled experience, with cable cars operating over a kilometer between two mountains without any support structures.
During a visit to the project site on Saturday (23), Chinese Ambassador Qi Zhenhong said that this project is another symbol of the strengthening bond between Sri Lanka and China. “It is a pleasure to have a Chinese investor involved in such a project that further strengthens the bond between Sri Lanka and China,” the Ambassador said, reflecting on the significant international collaboration.
NDF Kandy District MP Anuradha Jayaratne, Chairman of the Ambuluwawa Board of Trustees, stated that the feasibility study for this project was first conducted 18 years ago. He credited the success of the project to the joint investments from China and the United States. “I would like to gratefully recall that it was possible to turn this dream into a reality because of the investors from China and America,” Jayaratne said.
He said that the first phase of the Ambuluwawa Cable Car Project, scheduled for completion later this year, is expected to provide a unique travel experience for visitors. Passengers will embark on a 600-meter cable car journey from the entrance gate of the Ambuluwawa Religious and Biodiversity Complex to the summit of Ambaluwawa Mountain. From there, a thrilling 1.2-kilometer ride will take them unsupported to the Ambuluwawa Tower, offering breathtaking views and a glimpse into Sri Lanka’s natural beauty.
Jayaratne noted that the second phase of the project will extend the cable car line to the Gampola Railway Station. This addition will provide a seamless connection for foreign tourists travelling by the Badulla train and those heading to Nuwara Eliya, allowing them to experience Sri Lanka’s first-ever cable car ride. The second phase will not only enhance tourism but is also expected to transform Gampola into a world-class tourist and commercial hub.
Latest News
Concessionary priced food packages for new ‘Aswesuma’ applicants from 01st to 13th April
In keeping with the proposal by the President in his 2025 budget, for the provision of a package essential goods at a concessionary price during the Sinhala and Tamil New Year Festival season, it has been planned to provide a food package containing essential food items valued at Rs. 5000/- for only Rs. 2,500/-.
It is expected to select appropriate beneficiaries from among the 812,753 candidates who have submitted new applications for Aswesuma benefits.
Accordingly, the Cabinet of Ministers approved the proposal furnished by the Minister of Trade, Commerce, Food Security and Cooperative Development jointly with the Minister of Agriculture, Livestock, Lands and Irrigation to take necessary steps to provide the food package to the beneficiaries through the Lanka Sathosa outlet network and COOPFED outlets from 01.04.2025 to 13.04.2025
The Cabinet of Ministers have decided as follows considering the resolutions submitted by the President in his capacity as the Minister of Finance, Plan Implementation and Economic Development along with the Minister of Public Administration, Provincial Councils and Local Governments on payment of salaries according to the revised salary scales with effect from 01.04.2025 based on the resolution furnished by the President for revising the salaries of government service by the budget 2025;
• To empower the Secretary to the Ministry of Public Administration, Provincial Councils and Local Governments to issue circular instructions to the the secretaries of all the Ministries, Local Government Secretaries and Heads of Departments in regard to salary revisions of the government service.
• To empower the Secretary to the Ministry of Finance, Plan Implementation and Economic Development to issue circular instructions for state corporations, statutory boards and fully government owned companies and other institutions.
Approval of the Cabinet of Ministers has been granted to amend the Companies Act No. 07 of 2007 for remedying the shortcomings related to the transparency according to the international standards for prevention of money laundering, financing terrorism and other illegal activities.
Accordingly, the draft bill prepared by the Legal Draftsman has been revised as per instructions provided by the Attorney General subject to the special decision of the Supreme Court No. SC/SD/92/2024 and clearance of the Attorney General has been granted for the final draft bill prepared by the Legal Draftsman.
The Cabinet of Ministers granted approval to the resolution furnished by the Minister of Trade, Commerce, Food Safety and Cooperative Development to publish the aforementioned draft bill in the government gazette notification and subsequently submit to the Parliament for its concurrence.
Concessionary priced food packages for new ‘Aswesuma’ applicants from 01st to 13th April
Salary revision of the Government Service – 2025
Amendment of the Companies Act No. 07 of 2007 to be Gazetted
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