News

LRT Project: Japanese embassy says Project loans depend on debt restructuring

Published

11 months ago

June 3, 2023

editor

In response to a query about the restart of the Japan-financed Light Rail Transit (LRT) project, the Japanese embassy in Colombo said the resumption of loan projects and the launch of a new loan project will depend on the progress of the debt restructuring process.

The Sri Lankan Cabinet gave approval this week to proceed with the resumption of the US $ 2.2 billion LRT project to be financed by Japan International Cooperation Agency (JICA).

The line is to be constructed linking Malambe with Colombo Fort. The project was launched during the time of the previous Yahapalana government. However, in September, 2020, the Gotabaya Rajapaksa government scrapped the project.

During the recent visit to Japan, President Ranil Wickremesinghe sought to resume the project.

Responding to a query posed by Daily Mirror in this regard, the Japanese embassy said it is important for Sri Lanka to proceed with the debt restructuring process with all the creditors in a transparent, equal manner.

The embassy said Japan will see how to resume loan projects and start new loan projects while keeping an eye on the debt restructuring process.

(dailymirror.lk)

News

180 passports found dumped in a drain!

Published

18 mins ago

May 6, 2024

editor

A bag with 180 passports has been found in a drain in the Maharagama area.

According to reports, the passports had been obtained by a foreign employment agency operating in the Maharagama area, promising foreign employment.

It is reported that the owner of the agency had fled the area, after duping a number of people and swindling nearly Rs. 260 million.

News

Immigration Dept says their power of approving visa not impacted

Published

24 mins ago

May 6, 2024

editor

The Department of Immigration and Emigration has stated that the methodology of the present e-visa system has not impacted the Department’s power of approving, issuing or not issuing visa, mentioned in the Immigrants and Emigrants Act No. 20 of 1948.

In a detailed statement, shown below, the department has elaborated as follows :

MR_58_English Download

News

VFS issues statement on Sri Lanka E-visa

Published

29 mins ago

May 6, 2024

editor

VFS Global has issued a statement in response to clarify certain concerns which have been raised.

In the statement the company says the Department of Immigration & Emigration (DI&E) signed a tripartite contract with GBS Technology Services & IVS Global FZCO being the prime contractor and VFS Global being the technology partner for the Sri Lanka government’s new E-Visa solution. www.srilankaevisa.lk.

The company notes it manages non-judgmental and administrative tasks related to the application process only and the decision to grant or reject the visa is at the sole discretion of the Department of Immigration and Emigration.

VFS-Global-eVisa-final-statement Download