Sun, 05 Feb 2023 Today's Paper

India to finance three water projects in SL

9 March 2016 09:31 pm - 1     - {{hitsCtrl.values.hits}}

A A A

India today signed an agreement with Sri Lanka to provide over $400 million to finance three water supply projects in the country that would benefit at least one million consumers.

The agreement, between the Export-Import Bank of India and Sri Lanka's National Water Supply and Drainage Board, was inked in the presence of the Minister of Water Supply Rauff Hakeem and the Indian High Commissioner in Colombo, YK Sinha.

The buyers credit arrangement is worth $403.1 million, the minister said in a press release.

Hakeem said the Indian assistance under this scheme would benefit at least one million water consumers in the three provincial areas outside the capital Colombo.

India has been stepping up its development assistance to Sri Lanka since the end of the separatist war in the north and east regions.

India is engaged in a number of development cooperation projects in the island-nation, including a $270 million project to build 50,000 houses for ethnic-Tamils displaced by 30 years of civil war, which ended in 2009.

India is also engaged in the reconstruction of the Northern Railway Line in the country's war-ravaged north. (economictimes)


Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

  Comments - 1

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka
  • Baa Thursday, 10 March 2016 11:49 AM

    Hopefully all the money spent on the project and no kickbacks like in the past to MR and family companies of NR and YR now coming out gradually. Unfortunately MR covered up his tracks well - will take more time to get them.


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Sending Money,Online Books, Delivery Service, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop Sri Lanka

Pain and punishment

Should we spare the rod and spoil the child? Does it really happen? Children

Health System in the emergency room

Sandya Kumari from Kotahena has been experiencing chest pains since 2015 and

Canada’s targeted sanctioning of Gota and Mahinda

History was made last week when two former executive presidents of Sri Lanka

SC judgement on Easter attack: Court rules negligence stood in the way of avoiding most heinous crime

“On the ill-fated day of 21st of April 2019, this island home was awoken ru