Tamil Information Centre
User Name:   
Password:   
  Remember Me  
Sign up  |  Forget password
Home   
Search
    Contact us
India gives $45.27 million aid to develop KKS harbour in Sri Lanka
Published Date: 13/01/2018 (Saturday)

India has extended a fresh financial assistance of USD 45.27 million for upgrading Kankesanthurai (KKS) Harbour in northern Sri Lanka into a commercial port and strengthening the country's efforts to become a regional maritime hub.

Sri Lanka's Ministry of Finance and Export-Import Bank of India (Exim Bank) signed an agreement in this regard on January 10, the Indian High Commission said.

"An agreement for Indian financial assistance for USD 45.27 million (LKR 6.9 billion) for upgrading Kankesanthurai (KKS) Harbour was signed on January 10 in New Delhi by David Rasquinha, Managing Director, Export-Import Bank of India and RHS Samaratunga, Secretary to Treasury of Sri Lanka," the statement said.

The upgradation project would make KKS Harbour a full- fledged commercial port, further strengthening Sri Lanka's efforts to become a regional maritime hub, the statement said.

It would also assist in reconstruction efforts in northern Sri Lanka.

In terms of the MoU between India and Sri Lanka for rehabilitation of KKS Harbour, four out of the six phases of the rehabilitation have already been completed under India's grant assistance.

This includes preparation of Detailed Project Report (DPR), works related to Geo-technical studies, wreck removal and disposal, dredging and hydrographic survey.

The fresh assistance of USD 45.27 million would be used for the remaining two phases involving works relating to the rehabilitation of the breakwater and existing pier, construction of a new pier for commercial cargo handling, installation of port infrastructure facilities, etc.

"The signing of the MoU is a reflection of the continued commitment of Government of India to assist Sri Lanka in its development journey," the statement said.

The KKS port was rendered useless after the LTTE attacked it during the civil war. The port was key in connecting the Jaffna peninsula with the rest of Sri Lanka and also India.

Source: The Economic Times

Share on Facebook


 Latest 25 News/ பிந்திய 25 செய்திகள்:
Vijayakala’s outburst and Elephant in the room
Published Date: 13/01/2018 (Monday)
“SL has become an international Drug trafficking Hub” - Ranjith Madduma Bandara
Published Date: 13/01/2018 (Monday)
Why Beggars cannot be Choosers
Published Date: 13/01/2018 (Monday)
Sri Lanka is India’s special, trusted partner in South Asia, says PM Modi
Published Date: 13/01/2018 (Monday)
HRC Chair hits out at dangerous moves to undermine independent body
Published Date: 13/01/2018 (Monday)
1990- A NUMBER THAT COULD SAVE A LIFE!
Published Date: 13/01/2018 (Sunday)
‘Confusion worse confounded!’
Published Date: 13/01/2018 (Sunday)
Sri Lankan Tamil parties pull in different directions Posted on July 19th, 2018
Published Date: 13/01/2018 (Saturday)
Number of modern slaves estimated 'hidden' in UK rises tenfold to 136,000
Published Date: 13/01/2018 (Friday)
Push No One Behind
Published Date: 13/01/2018 (Friday)
MR to miss Parliament debate on New York Times allegations today
Published Date: 13/01/2018 (Thursday)
Kleptocracy of Sri Lanka
Published Date: 13/01/2018 (Thursday)
Ukrainian border guards detain illegal migrants from Sri Lanka, India, Bangladesh
Published Date: 13/01/2018 (Thursday)
Disabled Soldiers’ Association seeks Supreme Court intervention
Published Date: 13/01/2018 (Thursday)
New Constitution: TNA seeks int’l backing for its cause
Published Date: 13/01/2018 (Thursday)
Sri Lanka charges man deported from family by Australia
Published Date: 13/01/2018 (Wednesday)
Ian Paisley could face byelection after breaking Commons rules
Published Date: 13/01/2018 (Wednesday)
Social Media – the New Testing Ground for Sri Lanka’s Freedom
Published Date: 13/01/2018 (Wednesday)
A/Level tuition classes banned from 31st July
Published Date: 13/01/2018 (Wednesday)
Sri Lanka has taken important steps to break the link between power and corruption – President tells OGP Global Summit
Published Date: 13/01/2018 (Wednesday)
Memo to Sri Lanka Office of Missing Persons (OMP) By Tamil Mothers of Disappeared About Why They Lack Confidence In OMP
Published Date: 13/01/2018 (Tuesday)
New Constitution : ‘Zero draft’ ready to go
Published Date: 13/01/2018 (Monday)
Hindu group protests against Muslim teachers wearing abaya
Published Date: 13/01/2018 (Monday)
India wants Sri Lanka to expedite joint projects
Published Date: 13/01/2018 (Saturday)
Rights groups slam Cardinal
Published Date: 13/01/2018 (Saturday)
Donate
Support our work to bring rights to life in any way big or small
 Amount:

Donate using PayPal

Select dates to view
past and future events
<<<Jul - 2018>>>
SunMonTueWedThuFriSat
1
2
3
4
56
7
8
91011
12
13
14
1516171819
20
21
22
2324252627
28
29
3031    
 Stand up for Rights and Justice
Trump’s child hostages
Read more...
Take Action
Set Noura Free -- sign now!
Tamil men accuse continuing torture in Sri Lanka Take a stand against torture and urge UN Human Rights commission for human rights to investigate
Urgent: They’re beheading children
Latest Publication
Armament for Repression: Militarisation of Sri Lanka Conference Report:

Armament for Repression: Militarisation of Sri Lanka

Read more...

Thiruvalluvar
About us
Site Help
Getting in touch
Other
Facebook Youtube twitter
Sitemap  |  Privacy Policy  |  Terms and Conditions
Copyright © 2018 ticonline.org, All rights reserved.