June 14, Colombo (LNW): The Government is preparing to significantly expand its investment in public infrastructure next year, with plans to earmark nearly Rs. 2 trillion for capital development projects across the country.
Speaking at the launch of a road development initiative in Kalutara on Saturday, Health and Mass Media Minister Dr Nalinda Jayatissa said the proposed allocation reflects the administration’s commitment to accelerating economic growth through large-scale infrastructure improvements.
According to the Minister, capital expenditure for 2026 has already reached approximately Rs. 1.35 trillion, with further increases expected in the forthcoming budget as the Government seeks to strengthen transport networks, public services and regional development.
The remarks were made during the commencement of work on 14 newly carpeted roads in the Kalutara District under the Integrated Road Investment Programme (iRoad), one of Sri Lanka’s flagship rural connectivity projects. The scheme is being implemented with financial assistance from the Asian Development Bank alongside Government funding.
Dr Jayatissa noted that additional projects valued at around Rs. 550 million have been approved this year to improve rural road infrastructure throughout the district under both provincial and national development programmes. A further Rs. 100 million has been allocated for the construction and rehabilitation of bridges and culverts, while total spending on roads and related infrastructure in Kalutara is expected to approach Rs. 2 billion.
The Minister also highlighted what he described as encouraging economic indicators, pointing to a substantial rise in state revenue over the past two years. Government income reportedly reached Rs. 5.5 trillion last year, providing greater fiscal space for development spending and public investment.
He further stated that Sri Lanka achieved record export earnings during the previous year, while foreign worker remittances continued to grow steadily. The tourism industry has also maintained its recovery momentum, contributing to improved economic confidence and supporting the country’s broader development agenda.
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