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Japan agrees to loan to build light rail system in Colombo

12 Mar 2019

The Light Rail system that was proposed in the first reading of the 2019 Budget is due to commence its construction this year. The Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of Sri Lanka in Colombo yesterday (11) to provide a Japanese ODA loan of up to 30.04 billion yen for the Project for Establishment of Light Rail Transit System in Colombo. This project is aimed at reducing traffic in the suburbs of Colombo while creating a hassle-free mode of transportation from Fort to Malabe consisting of 16 stations and over 15.7 kilometres of the track. The objective of the project is to boost the transportation capacity and improve the safety and comfort of public transportation by introducing a light rail transit (LRT) system with 16 stations distributed over 15.7 kilometers of track in and around Colombo.  


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