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HomeNewsCabinet Approves President Wickremesinghe's Plan for LRT Project with Japan

Cabinet Approves President Wickremesinghe’s Plan for LRT Project with Japan

The Cabinet of Ministers has given its approval to President Ranil Wickremesinghe’s proposal to start discussions with the Japanese diplomatic mission in Colombo regarding a new light railway transit (LRT) project. The aim is to develop a suitable timeline for entering into an agreement and moving forward with the project.

Concurrence of the Cabinet of Ministers was granted regarding the resolution furnished by the President Ranil Wickremesinghe to prepare an appropriate time frame for entering into the agreement applicable activating the discussions with the Japanese diplomatic mission in Colombo once again so that the proposed light railway transit (LRT) project.

Recently President Ranil Wickremesinghe apologized to the Japanese Government over the termination of the Colombo Light Rail Transit (LRT) project.

Sri Lanka incurred a loss of staggering Rs. 5,978 million after the former President Gotabaya Rajapaksa’s government unilaterally decided to terminate the Light Rail Transit (LRT) project funded by Japan. The project was initiated in 2016 with the aim of reducing the traffic congestion in the city of Colombo and to provide better public transportation facility to the commuters.

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