The Cabinet of Ministers has approved a proposal to provide underutilized lands and properties to suitable investors for optimal utilization, following the prescribed procurement procedure.
This decision follows the approval granted at the cabinet meeting in June 2025, under which action is currently being taken to dispose of underutilized lands and properties identified under stage one of the Sri Lanka State Plantation Corporation, the Janatha State Development Board, and the Elkaduwa Plantation Company, all of which fall under the Ministry of Plantation and Community Infrastructure.
According to the government, it has been observed that lands and properties not included in stage one remain under the relevant institutions.
Accordingly, the Cabinet has approved the proposal presented by the Minister of Plantations and Community Infrastructure to lease the following lands and properties to suitable investors:
- Underutilized lands and properties identified under stage two owned by the Sri Lanka State Plantation Corporation, the Janatha State Development Board, and the Elkaduwa Plantation Company.
- The Mawarala Watte land and tea factory, 40.48 hectares in extent, located in the Matara District and belonging to the Tea Shakthi Fund.
- The underutilized land of 1,541 hectares in extent of Kondachchi Estate, currently under the Sri Lanka Cashew Corporation. (Newswire)