Comments /1020 Views / Saturday, 25 June 2011 01:09
Steps have been taken to reconstruct the largest railway station on the Northern railway line in Sri Lanka, the Jaffna Railway Station at a cost of Rs. 89 million. The work will be carried out by the “Uthuru Mithuru Programme” with funds provided by the Bank of Ceylon.
An MoU in this regard was signed this week between Bank of Ceylon and the Railway Department with the participation of the Minister of Transport Kumara Welgama.
The Northern railway line is the main link for building economic and social reconciliation between the people of North and South. The amity between the people of the two areas was shattered when the terrorists destroyed the railway line. The “Uthuru Mithuru Programme” was formed to re-establish this amity.
This railway track will be 159 km long and it will have 85 bridges, 16 main railway stations and 12 sub stations. The estimated cost of the project is Rs. 14,000 million. The railway stations will be constructed with assistance from public and private institutions.
The Sri Lanka Rupavahini Corporation will be providing financial assistance for the construction of the Mavittapuram Railway Station. (www.news.lk)
29 June 2017
The wellbeing of the people of this country is closely linked to the rural areas which have approximately 75% of the population. The rural economy encompasses all of our agriculture, and related activities, and fishing, and a raft of various...
28 June 2017
“If the field was not fertile, the crop would be poor, and the farmer must naturally be unhappy about it. If the Sangha was impure, the charity bestowed on them would bring poor results, and the donors must naturally be unhappy about it. Thi...
28 June 2017
Almost two years into its term, it is difficult to explain away the current Government’s lack of achievements on the economic front. I count the term of the Government from August 2015, rather than January 2015, because the focus in the exte...
27 June 2017
The bearded economist who saw shortcomings of Sri Lanka’s liberalisation move My association with Dr. Saman Kelegama, Executive Director of the Institute of Policy Studies or IPS, dates back to the early 1990s when I had the opportunity to...
Closing intellectual property gaps for investment
NelsonHall Report recognises VirtusaPolaris as a leader in RPA and AI in banking
Financial technology services poised for mainstream adoption on a global scale
Banks’ blockchain consortium picks IBM for trade finance platform