ADB to provide additional assistance for housing

The Asian Development Bank is preparing a project for Board consideration to provide an additional $40 million, including a grant of $14 million, to continue reconstruction in conflict affected areas in the North and East the visiting Vice President of the ADB Jin Liquan said in Colombo yesterday.

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Tsunami affects 4389 industries : IDB survey reveals

The tsunami has affected 4389 industries in the country according to a survey conducted by the Industrial Development Board. Out of the total affected industries 59 percent are micro scale industries while 38 percent small, one percent medium and one percent large scale industries were affected.

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