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Last Updated : 2024-05-07 04:12:00
15 February 2024 06:49 pm - 18 - {{hitsCtrl.values.hits}}
Colombo, Feb 15 (Daily Mirror) - Since Sri Lanka's economy is showing growth, the Japan International Cooperation Agency (JICA) said they will support the construction of the second terminal of the Katunayake Airport after the financial restructuring process is implemented by the International Monetary Fund.
The decision was announced during a discussion between Ports, Shipping and Aviation Minister Nimal Siripala de Silva and a group of representatives, including JICA Institute Chairman Akihiko Tanaka at the Ministry.
The discussion was about the resumption of the construction of this second terminal at Katunayake Airport. The construction of the second terminal of the Katunayake Airport was started in 2020 at a cost of Rs. 145 billion under the JICA soft loan scheme, and the project was stopped in 2022 due to the economic recession in the country by March 2022.
After the country was declared bankrupt, the concessional loan programme by JICA for the second terminal project was also stopped.
As a result, the construction of essential components of the second terminal was abandoned by the contractors, which was completed using the financial allocation of the airport company.
Accordingly, 6% of the construction of the project has been completed by now.
Due to the rising prices of raw materials, equipment and goods in the construction sector, in addition to the loan amount given by the JICA, another provision of about USD 450 million is required, Minister Silva said.
After this discussion, the representatives of the JICA company chairman observed the construction work currently being done at the second terminal of Katunayake Airport.
Kps Thursday, 15 February 2024 07:06 PM
Famous Same Bribery Minister handling the Deal ?
Tissa Saturday, 17 February 2024 07:06 PM
How much is Nimal Siripala s cut ?
Economic adviser Thursday, 15 February 2024 07:42 PM
Extend the runway at the Jaffna international airport. This will entertain bigger planes from East and West. The tourist will flock in. The North and North central and Eastern provinces will thrive. This in turn Sri Lanka will economically benefit.
Dee Thursday, 15 February 2024 07:49 PM
AKD! Please visit Japan. Stop this! We don’t need these. Ask them to build some ponds, what your ‘people’ couldn’t do!
ANTON Thursday, 15 February 2024 08:03 PM
SRILANKA'S ECONOMY IS GROWING BUT SRLANKANS ARE EMPTY POCKETED
Banda Friday, 16 February 2024 11:23 AM
Nothing can gain without a price. There will be no more rations or free food for you.
One and a half banana Thursday, 15 February 2024 08:20 PM
And in typical Sri Lankan fashion we will have tuk tuks transport passengers between the 2 terminals. Welcome to paradise!
warren Thursday, 15 February 2024 09:35 PM
NPP (Malimawa) guys, any opposing thoughts or comments? (Naturally, you all are a bunch of dismal and cynical lot.) I hope your comrades can build the second terminal without foreign aid(?)
Single Cell Friday, 16 February 2024 03:23 AM
Arigatho!
lion Friday, 16 February 2024 04:01 AM
That means siripala the bribe king was failed in his attempt of demanding the KAPPAM from the Japanese investor which he did when Gotha was there.
Uncle Paradise Friday, 16 February 2024 06:16 AM
Fantastic opportunity for fat cats to get fatter.
Amaran Friday, 16 February 2024 07:32 AM
The very important of the news is " .... after the financial restructuring process is implemented by the International Monetary Fund". The TRUST is like GLASS BOTTLE. Once it breaks, it is very difficult to join. Gota during his tenure, cancelled certain Japanese funded project arbitrarily. We all are paying a HUGE PRICE for it as a consequnce. But he is enjoying his life.
Arnold Friday, 16 February 2024 07:41 AM
Everyone knows the construction stopped because, the you know who, went and asked for a fat bribe.
Nihal S Friday, 16 February 2024 08:01 AM
Nimal, are you ready to ask for money again? Last opportunity for you, please make sure a good cut.
Sambo Friday, 16 February 2024 08:16 AM
Hope this guy will not approach you for commissions.
Be Fair Friday, 16 February 2024 08:54 AM
Japanese Assistance is clean, sincere and genuine. If not for corruption at all levels, we would have made it
Sokrates Friday, 16 February 2024 09:42 AM
Where is Sri Lanka's economy showing growth? At least for the population, the economy is still in a downward trend. Maybe things are looking up for criminal and corrupt politicians.
Jane Compton Friday, 16 February 2024 05:57 PM
How do honourable people like the Japanese deal with this low life without vomiting ?
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