Rakna Arakshaka Lanka and two other institutions brought under Investment Promotion Ministry
Posted by Editor on July 8, 2022 - 6:40 am
President Gotabaya Rajapaksa has issued a Gazette Extraordinary bringing three institutions including Rakna Arakshaka Lanka Limited under the purview of the Ministry of Investment Promotion with effect from yesterday (July 07).
Rakna Arakshaka Lanka Limited was previously under the purview of the Ministry of Defence.
The other two institutions brought under the said ministry are Selendiva Investments Limited and Hotel Developers (Lanka) Pvt Limited.
Selendiva Investments Ltd. and Hotel Developers (Lanka) Pvt Ltd. were previously under the purview of the Ministry of Urban Development and Housing.
Latest Headlines in Sri Lanka
- Sri Lanka President meets IMF chief in Colombo on recovery and growth February 17, 2026
- Sri Lanka’s Parliament passes Bill abolishing MPs’ pensions February 17, 2026
- Acting Births and Deaths Registrar arrested while accepting Rs. 500 bribe February 17, 2026
- Sri Lanka and Japan sign MoC on economic cooperation February 17, 2026
- Hungarian tourist killed in elephant attack near Sigiriya February 17, 2026
