INDIA TO IN­VEST IN ROAD DEVEL­OP­MENT IN NORTH AND EAST

Daily Mirror (Sri Lanka) - - FRONT PAGE - BY KELUM BANDARA

India has of­fered to in­vest in the devel­op­ment of 900 kilo­me­tres of road in the North and the East in­clud­ing a new high­way link­ing Trin­co­ma­lee with Jaffna along the coastal line via Mul­laitivu, a Min­is­ter said yes­ter­day.

High­ways and Higher Ed­u­ca­tion Min­is­ter Lak­sh­man Kiriella told Daily Mir­ror that the Road Devel­op­ment Author­ity (RDA) had worked out plans to be sub­mit­ted to the In­dian au­thor­i­ties in this re­gard. The Min­is­ter said the road net­work would be de­vel­oped link­ing Jaffna with Man­nar and Vavu­niya.

“In fact, we will de­velop the ex­ist­ing road net­work as four-lane high­ways with fi­nan­cial co­op­er­a­tion from India. We will also de­velop the Vavu­niya-trin­co­ma­lee road,” he said.

The Min­is­ter said his In­dian coun­ter­part would ar­rive in Sri Lanka to dis­cuss modal­i­ties in this re­gard. Asked whether this could be a loan, he said,“it will be a loan on con­ces­sion­ary terms with a long du­ra­tion for re­pay­ment. We will not feel it even”.

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