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ADB and Sri Lanka Railways Signed $160 Million Loan Agreement

Published 21 August 2019 1 min read

By SLRF Staff

ADB and Sri Lanka Railways Signed $160 Million Loan Agreement

ADB (Asian Development Bank) approved a loan to improve operations and facilities of Sri Lanka Railways through The Railway Efficiency Improvement Project.

The agreement for $160 million loan from ADB was signed today (2019/08/20) at the Ministry of Finance.

Treasury Secretary Dr. R H S Samarathunga and Manjula Amarasinghe, Officer In Charge of ADB Sri Lanka Resident Mission signed the loan agreement

You can read more information about the project from the below:

Colombo Suburban Railway Efficiency Improvement Project

ADB to Help Drive Modernization in First Loan for Sri Lanka’s Railway Sector

asian development bank News sri lanka railways

Podi Menike Express Train

Special Train Schedule for Thewatta National Basilica Feast 2019

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