Politics

Japan Reaffirms Commitment to Restart 11 Halted Projects in Sri Lanka, Says President Dissanayake

  • September 27, 2024

President Anura Kumara Dissanayake announced that Japan has reiterated its commitment to resume 11 halted development projects in Sri Lanka, with support for the new government’s initiatives. Although these assurances were first made in July, Japan continues to pledge full backing for these projects. In July, a Japanese delegation discussed with then-president Ranil Wickremesinghe the

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Economics

Japan Considers Reviving Canceled Sri Lanka $1.5 Billion LRT Project

  • July 25, 2024

A $1.5 billion Light Rail Transit (LRT) project, previously canceled unilaterally by former Sri Lankan leader Gotabaya Rajapaksa, may be considered as a potential future project, according to Japanese Ambassador to Sri Lanka Mizukoshi Hideaki. Japan recently announced the resumption of 11 suspended projects in Sri Lanka, following the country’s default on sovereign debts and

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