The Sri Lanka Transport Board (SLTB) was the nationalised enterprise which handled all public bus transport in Sri Lanka between 1958 and 1978. At its peak it was the largest omnibus company in the world, with about 7,000 buses and over 50,000 employees.
The Minister of Transport in 2001, he consulted AnilThe Minister of
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Transport in 2001, The Minister of Transport in 2001, he consulted Anil Moonesinghe (Sri Lanka’s ambassador to Vienna) and others on how the transport services were to be improved. This was followed up with a Bill to set up the CTB once again. The Cabinet of Ministers approved the bill, but with the fall of the government delayed its presentation to Parliament. Finally, in early 2005, the institution was resurrected as the Sri Lanka Transport Board (SLTB).
The move received bipartisan support in parliament. It was hailed by the Joint Business Forum (J-Biz) which welcomed the revival of the CTB, one of the rare occasions on which the business community said a state bus service was better than privatised ventures. |
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