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Video: ADB or Japanese aid for Northern Expressway: Ranil

14 May 2015 12:03 pm - 17     - {{hitsCtrl.values.hits}}

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Prime Minister Ranil Wickremesinghe said torday that financial assistance would be sought from Japan or the Asian Development Bank (ADB) for the construction of the northern expressway.

He said the contracts would be awarded afresh once the financial assistance was secured.

Mr. Wickremesinghe told a meeting at UNP headquarters Sirikotha that the government could not put the people into difficulty by awarding the contracts to those who had given commissions to authorities of the previous regime in exchange of the contracts.

He said this was because the costs for most of this development work had been over estimated.

He said the plan of the previous regime was to increase taxes to generate funds to meet these expenses.

“We cannot help these contractors to reach heaven by lighting their way but our intention is to light the way for the people towards prosperity,” he said.

However he said the intention of the government was to seek the assistance of the Asian Development Bank (ADB) for this project.

Mr. Wickremesinghe said the Northern Highway projects also fell into this category.

However, the Prime Minister said the government had managed to come to a settlement with the contractors with regard to some development work which will begin shortly. (Yohan Perera)



 

  Comments - 17

  • Damsen Thursday, 14 May 2015 07:38 PM

    This Govt. has approved of Kadawatha kerawalapitiya Circular road of 9.3 KM at Rs 67.0bn at the Cabinet mtg held on 22nd April. Average cost amounts to Rs 7.2 bn. per KM.This cost per KM is about 6 times of the Colombo .Katunayake High way. If the previous Govt got a huge amount as acommission from Colombo Katunayake road as claimed by RW, This Govt take 6 times of that amount from Kadawatha Kerawalapitiya Circular rooad

    sri lankan Thursday, 14 May 2015 07:39 PM

    How can you be so stupid. .?

    JKthilaka Friday, 15 May 2015 06:45 PM

    The japanese usually give Aid or extremely low interest loans compared to China

    Jehan Thursday, 14 May 2015 08:59 PM

    @Sri LankanRe-awarding the contract means new commissions. that is common logic.

    n.sarveswaramoorthy Thursday, 14 May 2015 09:10 PM

    UNP induse the riots in srilanka from 1956 ,started in amparai,then every riot conducted by JR and premadasa after they died no proper leaders for that party

    Sincere Thursday, 14 May 2015 09:32 PM

    Ooh... Its unfair. What about the usual Chinese cut?

    Chanz Thursday, 14 May 2015 09:33 PM

    Common, who were the local contractors in construction industry?

    Nihal Amarasekera Friday, 15 May 2015 09:01 AM

    Crook within will spoil everything good you try to show as going to do.

    abdul Thursday, 14 May 2015 06:00 PM

    Well done, sir

    Libtard Thursday, 14 May 2015 06:07 PM

    Local contractors will be pushed aside after labeling them corrupt and then the full contract will be given to a multinational.

    Nish Thursday, 14 May 2015 06:08 PM

    Looking desperately for commissions are we?

    Dev Thursday, 14 May 2015 06:10 PM

    He talked about Air port expressway and Kandy highway for 2 years under his previous government but nothing came up. What is the bet he will talk about this highway for the next 6 years?

    Ryan Thursday, 14 May 2015 06:30 PM

    come on he has help back the countries that helped him.

    joachim Friday, 15 May 2015 09:53 AM

    these aid are also loans? We were told we are a highly indebt country.

    samantha Perera Friday, 15 May 2015 09:56 AM

    You are very right. Where is the saving?

    Lovelyn Fernando Saturday, 16 May 2015 11:31 AM

    Mr. Prime Minister is bringing our country back

    Prem Nath Saturday, 16 May 2015 11:51 AM

    India will do it free.


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