Sri Lanka approves Rs. 1.07 Billion to expand Metro Transit Bus servicePosted by Onlanka News Desk on August 11, 2026 - 3:09 pmCabinet has approved Rs. 1,067.5 million in equity capital for Lanka Metro Transit (Pvt) Ltd to expand and modernize Sri Lanka’s public transport service. Lanka Metro Transit (Pvt) Ltd was incorporated on October 3, 2025, under the Companies Act No. Accordingly, Lanka Metro Transit plans to add another 112 low-floor buses to the service in September.