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Tuesday, March 19, 2013 - 6.02 GMT
Japanese aid worth Rs. 3.7 billion for Social & Economic development


The Japanese Government has granted aid worth Rs. 3.7 billion for four projects for meeting the urgent needs in sectors such as; fisheries, roads and health.

This assistance was conveyed by Prime Minister Shinzo Abe at the Summit Meeting with President Mahinda Rajapaksa, during his visit to Japan on 12-15 March as a part of his intention to continue cooperation for Sri Lanka’s sustainable development, states Embassy of Japan in Sri Lanka.

Japanese Yen 988 million will be provided for the construction of a Grab Hopper dredger to meet the frequent demand for maintaining the operational depth of fishery harbours around the country in order to ensure uninterrupted access for fishing activities. The currently used Grab Hopper dredger was gifted by Japan in 1989 and needs to be replaced due to frequent repairs.

Japanese Yen 940 million was provided for purchase and installation of Variable Message Sign (VMS) systems on expressways for efficient traffic management aimed at improving traffic flow and minimizing road hazards.

Japanese Yen 200 million was provided under this scheme for procuring machinery/apparatus, as well as electric/electronic equipment that are manufactured by Japanese small and medium enterprises for use in the Health sector.

Japanese Yen 550 million will be provided under this scheme for procuring a range of medical equipment manufactured in Japan for improving Sri Lanka’s curative health care services and providing the people with access to modern health care services in the country.





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Last modified: March 19, 2013.

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