LRT Project : Sri Lanka keen but Japan not
Sri Lanka, May 6 -- Colombo, May 06 ()- Uncertainty looms over the relaunch of the Japan -financed light rail project (LRT) even after the country's debt restructuring process is concluded since Japan has decided not to discuss it , according to an official of the Japanese government.
The Gotabaya Rajapaksa government scrapped the $1.5 billion Japanese-funded light rail project for Colombo citing the high cost .
The project, meant to ease congestion in the city, was being financed through a $1.4 billion soft loan from the Japan International Cooperation Agency(JICA).
However , the government led by President Ranil Wickremesinghe decided to resume work on the project and attempted to convince the Japanese government to implement it agai...
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