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Last Updated : 2024-05-11 03:39:00
Sri Lanka looks forward to the development of the Kankasanthurai Port using US $ 40 million offered by India, Ports, Shipping and Aviation Minister Nimal Siripala de Silva said.
The Minister told Daily Mirror that Sri Lanka Ports Authority (SLPA) had done preliminary work, and would proceed with the rest of the work using the financial facility offered by the EXIM Bank of India.
“There is some work meant for us to do. We have done. Then, the Indian side has appointed a consultant. Once we get that report, we will move ahead with the development of the port located in the northern tip of Sri Lanka. Currently, only small vessels can be berthed. We will develop it for the accommodation of bigger vessels,” he said.
Earlier, Fisheries Minister Douglas Devananda said cargo transportation between India and northern Sri Lanka would commence shortly.
The development of the port with the Indian assistance has long been in the pipeline. India offered financial assistance in this regard in the aftermath of the end of the war in May, 2009, and some works such as wreck removal was done at that time. (Kelum Bandara)
Jagath Leanage Friday, 01 July 2022 08:35 AM
What is the commission will get ?
Aragalaya Friday, 01 July 2022 08:36 AM
GET LOST
Ram Friday, 01 July 2022 08:41 AM
And give the ownership of the harbour to India
horuhoru Friday, 01 July 2022 08:41 AM
Give the KKS port to India and get commissions. Sri Lanka already has too many ports.
Ravi Friday, 01 July 2022 09:08 AM
India will take over North soon.
Dinesh Friday, 01 July 2022 09:11 AM
Yeap... We need more loans. Good job
Nirmali Friday, 01 July 2022 09:34 AM
The country is in strife and these goons keep spending on projects only worsening the debt crisis
Waco Friday, 01 July 2022 09:36 AM
Sell Sri Lanka. Develop the economy of the country. Develop the Tea, Rubber, Coconut, Paddy, Vegitabls , Minor export crops etc, etc. You will not get commission.
sunil Friday, 01 July 2022 09:42 AM
US $ 40Mn loan will be spent to pay overtime for employees who work 2-3 hrs. day time with full night OT for sleeping inside port with meals and Tea. (During COPE meeting it was revealed 400 OT).
Jude Friday, 01 July 2022 10:28 AM
Loans loans loans More loans!! Why no One is investing in this country!???
anil Friday, 01 July 2022 11:11 AM
and how exactly do you propose to repay this loan
ariya Friday, 01 July 2022 11:11 AM
it will at least perform better than the Hambantota port
ranjan Friday, 01 July 2022 12:31 PM
GREAT! What commission are you expecting is it 10% or the entire 100%? You guys are nothing but parasites that have come to suck the poor mans blood while you all have a nice time.
Tissa Fernando Saturday, 02 July 2022 02:00 PM
What for
sarath Saturday, 02 July 2022 08:51 PM
How much is your commission ? from this loan.
Donny Saturday, 02 July 2022 10:24 PM
So, Sri Lanka is no more a United Sri Lanka. Traitors mortgaged Sri Lanka to India.
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