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Special Economic Corridor - US denies Wimal’s claim

3 May 2019 05:31 pm - 6     - {{hitsCtrl.values.hits}}


The United States are not operating a ‘special economic corridor’ in Sri Lanka as claimed by Opposition MP Wimal Weerawansa, a spokesperson for the US Embassy said.

He had recently claimed that the US Government had released US$480 million to Sri Lanka to create a special economic corridor stretching from the Trincomalee Port to the Colombo Port to be operated by the US.

However, the US Embassy rejected the claim made by the MP and said the US$480 million was approved by the US Millennium Challenge Corporation (MCC) to promote economic growth in Sri Lanka.

“The MCC’s Board of Directors recently approved the MCC Sri Lanka Compact, which is a large-scale, five-year grant programme designed to promote economic growth compact for Sri Lanka that totals to more than USD480 million,” the spokesperson said.

She said the United States would not own, control, or in any way administer land in Sri Lanka under the MCC compact.

“The Sri Lankan Government will retain oversight and control of land and roads undergoing improvement as part of the MCC compact. The transport projects will modernise urban and rural transport infrastructure and networks, providing Sri Lankans with safe, reliable public transportation in addition to road improvements. The land projects will help enhance tenure security and tradability of land for smallholders, women and firms. The MMC compact does not include a so-called ‘economic corridor’,” the spokesperson said. (Lahiru Pothmulla)

  Comments - 6

  • MAra Friday, 03 May 2019 06:20 PM

    Why you’re listening to this man. He born and brought in the liter family. He open up his mouth bad smell only.

    kumar Friday, 03 May 2019 06:34 PM

    Are they taking this guy's talks seriously!

    kumar Friday, 03 May 2019 06:34 PM

    Are they taking this guy's talks seriously!

    kumaran Friday, 03 May 2019 06:46 PM

    Start a fast unto death, please Mr. Weerawansa.

    Jayanath Friday, 03 May 2019 06:46 PM

    Yes stay away from Sri Lanka. We know what US did to Iraq, Syria, Libya etc. We know few born losers like Mangala, Ranil is worshiping you. But we are not ready for that!

    acs Friday, 03 May 2019 08:29 PM

    @Jayanath. You probably voted for Wimal?

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