The International Cricket Council (ICC) will provide a direct grant of US $ 9.4 million to Sri Lanka as expenses to host the Twenty-20 (T20) World Cricket Championships in September, the government said today.
Media Minister Keheliya Rambukwella said that the ICC will also spend an additional US $ 30 million in Sri Lanka for the event which will see the participation of 12 cricket playing nations.
Sri Lanka Cricket had been strapped for cash, especially after the cricket world cup last year which was co-hosted by Sri Lanka and there were concerns on how much the new Board would be able to spend for the T20 tournament.
Rambukwella said that 20 teams comprising both males and females will participate in the tournament and altogether 52 matches will be played.
Minister of Sports Mr. Mahindananda Aluthgamage informed the Cabinet yesterday on the funding to be given by the ICC for the tournament, minister Rambukwella said.
He also said that a joint effort will be taken by the Sri Lanka Tourist Board, Hotels Corporation and the BOI coming under the Ministry of Economic Development and also the ministry of National Heritage to effect suitable promotional activities to develop cultural and tourist attractions during the event.
A proposal made by Mr. Mahindananda Aluthgamage to proceed with the programme of work for the cricket tournament was approved by the Cabinet.