Sri Lanka state firm to buy 37 luxury buses from Softlogic

ECONOMYNEXT – State-run Sri Lanka Transport Board has awarded a contract to supply 37 luxury buses to Softlogic Automobiles Ltd.

The cabinet of ministers had approved a proposal by Transport Minister Arjuna Ranatugna to acquire the buses on lease.

Sri Lanka’s parliament was told that the agency which has 26,000 workers was overstaffed by 8,000 people, but a voluntary retirement scheme was accepted by only 3,000 odd workers.

Tax payer money has been used to pay them off and also pay unpaid pension funds. (Colombo/Mar28/2019)

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