Saturday, August 21, 2010

India assists North railway construction

http://www.defence.lk/new.asp?fname=20100819_02

India assists North railway construction

Sri Lanka signed a commercial agreement with India (17 Aug) for Indian assistance to reconstruct the Northern Railway Line from Medawachchiya to Thalaimannar that was destroyed during the conflict.
S.L. Gupta, General Manager of IRCON International, an Indian company constructing the railway line signed the commercial agreement on behalf of India while Chairman of Sri Lanka Railways P.P. Wijesekara signed for Sri Lanka in the presence of Sri Lankan Minister of Transport Kumara Welgama and Indian High Commissioner in Sri Lanka Ashok K. Kantha.
The reconstruction will be carried out in two phases. In the first phase the 43 kilometer track from Medawachchiya to Madhu will be reconstructed at a cost of US $ 81.3 million. Madhu to Thalaimannar segment will be built at a cost of US $ 149.74 million.
Speaking at the occasion, The Indian High Commissioner noted that the line of credit of USD 81.3 million is part of a larger package of assistance directed at the rehabilitation of railway infrastructure in the Northern Province of Sri Lanka, for which Government of India has committed a total amount of US $800 million in lines of credit on highly concessional terms.
The Indian High Commissioner said the reconstruction of the Medawachchiya-Thalaimannar railway line is a symbol of the friendship between India and Sri Lanka.
The construction work will be carried out by the Indian Railway Construction Company Limited (IRCON). Work on the Northern Railway Line is expected to start from October 2010.
The Indian government last year extended a US $ 425 million credit line to Sri Lanka to develop its war-damaged rail tracks in the northern region. Under the credit IRCON will be laying tracks on the Omanthai-Pallai sector of the Northern railway line and Madhu- Thalaimannar sector.
According to the Chairman of the Railways the railway line from Omanthai to Pallai will be constructed after the area is cleared of landmines.
India is also assisting in the rehabilitation of the Colombo-Matara rail link through a US $167.4 million line of credit. Work on the Colombo-Kalutara sector of this line is already at an advanced stage and the work on the 42 kilometer Galle- Matara Section is likely to be completed by December 2010.
Courtesy : President Media Unit

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