Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Japan agrees to assist Sri Lanka's ports, infrastructure development
Thu, Mar 15, 2018, 09:21 am SL Time, ColomboPage News Desk, Sri Lanka.

Mar 15, Colombo: Japan on Wednesday agreed to assist the development of Sri Lanka's infrastructure such as port facilities in Trincomalee and Colombo, renewable energy sources and the highways.

Sri Lankan President Maithripala Sirisena, who is on a six-day official visit to Japan, officially met with the Japanese Prime Minister Shinzo Abe on Wednesday and held bilateral discussions on a range of issues.

Prime Minister Abe stated that he would work towards providing funds without loans anytime possible while giving assistance to the development programs of Sri Lanka.

He assured the Sri Lankan President that Japan would provide assistance for the Sri Lanka's infrastructure development prioritizing the development of ports.

The two leaders discussed the assistance provided by the Japanese government for the development of the Colombo- Trincomalee port and agreed to promote bilateral cooperation on maritime security in the Indo-Pacific region.

Japanese Premier noting the assistance given by Japan for maritime security and naval activities stated that out of the Indian Ocean countries only Sri Lanka was fortunate to receive this assistance from Japan.

Prime Minister Abe also reaffirmed that assistance will be provided for development of renewable energy resources and the island nation's highway system. He also agreed to provide assistance for disaster management programs as well waste disposal systems in Sri Lanka.

The two leaders held lengthy discussions on enhancing the economic and trade ties between the two countries and President Sirisena noted that contribution of both public and private sector is important in making investments within Sri Lanka.

They also agreed on the necessity of keeping "maximum pressure" on North Korea to abandon its nuclear weapons and missiles.

Following the meeting, the Japan signed a loan agreement with Sri Lanka to provide up to yen 10.6 billion ($99.5 million) in low-interest loans for projects to improve Sri Lanka's health and medical services, including building facilities and training nursing personnel.

 

ColomboPage - Recent 10 Stories ::
Ruling party parliamentarians agree to dissolve Sri Lanka parliament
PM hopes for independent commissions to continue in the future
EU looks forward to work with Sri Lanka President to bring whole country together
ACMC leader expects the new President to uphold unity and reconciliation among all communities
U.S. ready to continue its work with the new President of Sri Lanka
EU EOM says Sri Lanka election is peaceful and technically well-managed, but affected by media bias
Iran congratulates Sri Lanka on successful presidential elections
Gotabaya Rajapaksa sworn in as the 7th Executive President of Sri Lanka
Kenyan woman arrested with cocaine pills at Sri Lanka airport
Patali Champika Ranawaka resigns from minister post

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.