header logo
සිංහලதமிழ்
SLIC
Latest
JICA agrees to resume funding for BIA’s terminal 2
Jul 10, 202410:31 AM
Google NewsAdd on Google
JICA agrees to resume funding for BIA’s terminal 2
Mobitel inner 1278

The Japan International Cooperation Agency (JICA) has agreed to resume funding for the second terminal of the Bandaranaike International Airport (BIA) extension project, facilitated under a concessionary loan scheme, says Minister of Ports, Shipping and Aviation Nimal Siripala de Silva.

 

The construction of the second terminal at the BIA began in 2020 with JICA funding, but has been stalled since 2022 as a result of Sri Lanka’s default due to the economic crisis.

 

Funded by the Japan International Cooperation Agency (JICA), the project was suspended in 2022 until Sri Lanka’s debt restructuring was finalized.

 

The construction of the second terminal of the airport started in 2020 at a cost of Rs. 145 billion under the ‘JICA’ soft loan scheme.

 

After Sri Lanka declared bankruptcy due to the economic crisis, the concessional loan programme given by ‘JICA’ for the second terminal project had also been halted.

 

 

 

MostRead
Mobitel 1278
VideoStories
Sri Lanka extends USD 1 million humanitarian assistance to flood-hit Nepal

Sri Lanka extends USD 1 million humanitarian assistance to flood-hit Nepal

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

President says no more debate on banning Perahera as Kandy Esala Perahera concludes successfully

Sri Lanka’s agriculture sector faces growing impact from prolonged dry spell

Sri Lanka’s agriculture sector faces growing impact from prolonged dry spell

Colombo Port enters global top 20 after strong container volume growth

Colombo Port enters global top 20 after strong container volume growth

Large crowds gather in Kandy to witness historic final Randoli Perahera

Large crowds gather in Kandy to witness historic final Randoli Perahera

Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

Youth arrested for managing Facebook groups and pages sharing explicit images of women and children

BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

BASL raises concerns over 22nd Amendment, calls for responsible scrutiny of judiciary

Large commuter crowd seen today at Makumbura Multi-Modal Transport Centre

Large commuter crowd seen today at Makumbura Multi-Modal Transport Centre

Muslims in Sri Lanka and across the world celebrate Milad-un-Nabi

Muslims in Sri Lanka and across the world celebrate Milad-un-Nabi

“All are bound to abide by Supreme Court decision on 22nd Amendment Bill” – Justice Minister

“All are bound to abide by Supreme Court decision on 22nd Amendment Bill” – Justice Minister

Randoli Perahera lights up streets of Kandy Devotees gather in numbers to witness the procession

Randoli Perahera lights up streets of Kandy Devotees gather in numbers to witness the procession

Over 70% Sri Lankans may back abolishing Executive Presidency; - Ex-Minister GL Peiris on Hyde Park

Over 70% Sri Lankans may back abolishing Executive Presidency; - Ex-Minister GL Peiris on Hyde Park

El Niño Impact: Prolonged dry spell affects 14 districts across Sri Lanka

El Niño Impact: Prolonged dry spell affects 14 districts across Sri Lanka

22nd Constitutional Amendment: Govt. says it has mandate for reforms, ITAK calls for referendum

22nd Constitutional Amendment: Govt. says it has mandate for reforms, ITAK calls for referendum

“Sri Lanka a promising partner for shared growth” - Indonesian Ambassador to Sri Lanka

“Sri Lanka a promising partner for shared growth” - Indonesian Ambassador to Sri Lanka

Lassana Flora