Sri Lanka to develop Railway with USD 318mn Credit Line from India

Sri Lanka to develop railway with USD 318mn credit line from India

June 06, 2017 (LBO) – Sri Lanka’s Finance Ministry has signed an agreement with the Indian government to receive a US 318 million dollar line of credit (LOC) for the development of the railway sector in the island. The agreement comes following Indian Prime Minister Narendra Modi’s first visit to Sri Lanka in March 2015 where […]