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Sri Lanka to issue new import licenses for bitumen

Aug 24, 2016 11:59 AM GMT+0530 | 1 Comment(s)

ECONOMYNEXT - Sri Lanka plans to issue new licenses to import bitumen (road tar), charging a Rs2.0 million fee every six months, Information Minister Gayantha Karunathilaka said.

The cabinet of ministers had approved a proposal by Finance Minister Ravi Karunanayake to list bitumen as an item under Sri Lanka's Import and Export (Control) Act.

Sri Lanka Standards Institute would be asked to prepare standards to suit international ones.

The Industrial Technology Institute and the Road Development Authority would be instructed to upgrade and accredit their laboratory facilities to issue quality certificates.

The finance ministry also hopes the issuance of licensing may result in Sri Lanka becoming an international trading hub for lubricants. (Colombo/Aug24/2016)
 


 

1 Comments

  1. sacre blieu August 25, 07:24 AM

    In a good number of roads that have been built or reconstructed, or repaired , shoddy work is prominently evident. The cement that is supposed to be part of the mix is sparsely added and results in the lack of cohesion and hardening. It is very evident, and even the minister Dr.Harsha De Silva, also found this fraud to have taken in his constituency.

    Not far from it, the expansion of the Mirihana Road, is also a sham and the contractors are been allowed to get away with this fraud. The road ends near the Cargills super market in a strange angle, making the broadening of the road a joke.

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