Sri Lanka, April 29 -- Cabinet spokesman and Mass Media Minister Dr. Bandula Gunawardhana said the government decided to provide 34 acres for the construction of second and third phase of National School of Business Management (NSBM) subject to the estimated value recovery of the Government Valuer, on long-term lease.

Minister Dr. Bandula Gunawardhana said that the Cabinet of Ministers gave approval to provide a land in extent of 14 acres 03 rood and 12.8 perches for the construction of the phase II of the university.

"The Cabinet also granted its approval for the provision of another portion of 20 acres of land for construction of its phase III subject to the estimated value recovery of the Government Valuer, on long-term lease.

The M...