NCASL says payments related to construction projects expected this month

NCASL says payments related to construction projects expected this month

October 23, 2022   10:07 am

The National Construction Association of Sri Lanka (NCASL) says that a part of the money owed in relation to the construction projects implemented within the recent past is scheduled to be paid.

Initially, the payments will be made for small and medium-scale constructors except for the constructors in large-scale construction field.

Accordingly, the NACSL stated that an amount of Rs. 10 billion will be paid to the concerned small and medium-scale constructors this month.

The Chairman of the association, Susantha Liyanaarachchi claimed that an amount of around Rs. 195 billion in total in overdue bills related to the construction projects are to be charged from the government.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Protests against proposed electricity tariff hike; Prices of food items to increase from tomorrow (English)

Protests against proposed electricity tariff hike; Prices of food items to increase from tomorrow (English)

Fuel prices likely to remain unchanged until May 1 - Cabinet Spokesman (English)

Cabinet nod to import rice amid shortage; Fuel allowance for MPs based on prices as of March 1 (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

"If India can, why can’t Sri Lanka"; Sajith demands relief for people amidst energy crisis (English)

Public urged to use water sparingly Dry weather poses challenge to ensure uninterrupted supply: NWSDB (English)

Container arrivals increased by 10-15%; Sufficient fuel stocks available for several sectors (English)

Electricity tariffs increased by around 10%; No power cuts planned, assures PUCSL (English)