Cabinet approves concessionary loans for private bus owners

Published : 12:01 am  August 21, 2018 | No comments so far |  | 


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The Cabinet recently approved to grant concessionary loans to private bus owners under the ‘Enterprise Sri Lanka’ programme, in a bid to deploy air conditioned, low-floor, luxury and safety buses in place of buses used as public transportation.   

The proposal was made by Megapolis and Western Development Minister Champika Ranawaka to attract passengers using private vehicles to use public transportation services. 

While the priority bus lane project has successfully reduce travel time for passengers, a line of new luxury buses could help reduce traffic congestion experienced during peak hours.