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Friday, March 15, 2013 - 4.03 GMT
Japan is to provide development assistance worth 43.8 billion Yen to Sri Lanka


The Government of Japan has agreed to provide development assistance totaling 43.8 billion Yen to Sri Lanka to be used in areas including infrastructure development and disaster prevention.

Of this 41.1 billion Yen will be loans while 2.7 billion Yen is a grant aid.

This was stated in a joint statement issued after a summit meeting between President Mahinda Rajapaksa and Prime Minister of Japan Shinzo Abe held last evening (March 14), at the Prime Minister's Office.

President Rajapaksa highly appreciated Japan's Official Development Assistance (ODA) over the years which played a significant role for the social and economic development of Sri Lanka.

President Rajapaksa while acknowledging with appreciation the engagement of the Japanese consortium in the construction of the Parliamentary Complex in 1982, expressed his hope for further such engagement for its refurbishment work with a view to sustaining its historical value and unique identity.

Prime Minister Abe expressed his intention to continue co-orperation for Sri Lanka's sustainable growth.

The two leaders confirmed the importance of national reconciliation for the lasting peace in Sri Lanka, noting that peace and prosperity following the end of operations against the Liberation Tigers of Tamil Eelam (LTTE) was a paramount need.

Prime Minister Abe highly appreciated the specific efforts made by the Government of Sri Lanka for the realization of national reconciliation, including drafting, making budgetary provisions and giving effect to the National Action Plan for the implementation of the recommendations of the Lessons Learnt and Reconciliation Commission(LLRC).

In this context, the Japanese Prime Minister expressed his intention to provide assistance through such international organization as UNICEF and UN-HABITAT to support the efforts of Sri Lanka to implement the LLRC National Action Plan as well as to rebuild the nation.






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Last modified: March 15, 2013.

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