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India funded development projects worth Rs. 365 million inaugurated in Northern Sri Lanka

Aug 29, 2014

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Jaffna: The Government of India has granted Sri Lanka Rs. 365 million for two major development projects in Jaffna, the capital city of Sri Lanka's Northern Province.The Indian government has granted Rs. 145 million to renovate the Duraiappah Stadium in Jaffna and another Rs. 220 million to set up the Atchchuvely Industrial Estate in Jaffna.The Atchchuvely Industrial Estate in Jaffna district was inaugurated Wednesday (August 27) by Economic Development Minister Basil Rajapaksa and High Commissioner of India Y.K. Sinha at a function held at Atchchuvely.Minister of Traditional Industries and Small Enterprise Development Douglas Devananda Governor of Northern Province G.A. Chandrasiri, Chief Minister C.V. Wigneswaran and Mayor of Jaffna Yogeswary Patkunarajah also attended the function.Addressing the gathering, Minister Devananda noted that the Government of India has been providing assistance for a variety of projects covering different sectors to help the people of Sri Lanka.The High Commissioner, in his remarks, emphasized that India and Sri Lanka share a dynamic and multi-faceted relationship, rooted in history, language, culture, religion and trade These relations have matured and diversified with the passage of time, encompassing all areas of contemporary relevance.The Industrial Estate is expected to attract potential investors, from within and outside Sri Lanka, by providing suitable infrastructure and amenities.
Source: IPCS

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