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Sethsiripaya Bill Soars as Government Restarts Delayed Project

Source: Lanka News
Category: Politics
Region: Sri Lanka
Published: August 21, 2026 at 05:15

πŸ“ Summary

Sri Lanka’s decision to revive the stalled Sethsiripaya Phase III office complex has reopened a difficult question for public finances: how did a project originally estimated at Rs.16.7 billion evolve into a development now carrying an estimated total cost of Rs.38.48 billion? The Cabinet has approved a revised Rs.25.58 billion agreement with Maga Engineering (Pvt) […] The post Sethsiripaya Bill Soars as Government Restarts Delayed Project appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
🏷️ Keywords:
sethsiripaya project billion bill soars government restarts delayed estimated lanka

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