India to upgrade railway network in Sri Lanka

Thursday, 7 July 2016 00:00 -     - {{hitsCtrl.values.hits}}

New Delhi: India and Sri Lanka on Tuesday have discussed various issues regarding overall development of the railway network in the island nation during the Sri Lankan Minister of Development Strategies and International Trade Malik Samarawickrama’s visit to India on 4-5 July.

Upgrading of signaling and telecommunication systems and strengthening of existing railway lines in Sri Lanka were some of the areas discussed when the visiting Sri Lankan Minister met the Minister of State for Railways Manoj Sinha in New Delhi in the presence of senior Railway and Ministry of External Affairs officials, according to a Press Trust of India report.

India has been extending a concessional Line of Credit (LoC) to Sri Lanka to support various infrastructure projects including railways and so far it has extended $ 1 billion of the LoC for various railway projects.

 

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