India provides US $ 45.27 million (LKR 6.9 billion) to upgrade Kankesanthurai (KKS) Harbour and the agreement in this regard was signed on January 10 in New Delhi by Export-Import Bank of India Managing Director David Rasquinha and the Secretary to Treasury of Sri Lanka.
The project would make KKS Harbour a full-fledged commercial port further strengthening Sri Lanka’s efforts to become a regional maritime hub. It would assist in reconstruction efforts in the northern Sri Lanka as well.
An MoU between India and Sri Lanka was signed earlier to rehabilitate the harbour and preparing Detailed Project Report (DPR), carrying out geo-technical studies, removing wreck and disposal, dredging and conducting hydrographic survey were done under it.
Remaining phases – rehabilitating the breakwater and existing pier, constructing a new pier for commercial cargo, and installing port infrastr
President Anura Kumara Dissanayake stated that if the current government fails to meet the expectations…
There have been abuses in the issuance of permits for expatriate workers to import electric…
The International Monetary Fund (IMF) reached a staff level agreement with Sri Lankan authorities, paving…
Sri Lanka Embassy in Brussels participated at the European Parliament “Fair Trade Breakfast-2024”, on 13…
etstar Asia yesterday launched its Colombo-Singapore direct route positioning itself as the only low-cost carrier…
Solo travellers are getting older and are increasingly drawn to Asian destinations – with Sri…