Updated By: LatestGKGS Desk
India & Sri Lanka MoU for construction of warehouse in Dambulla, Sri Lanka
India & Sri Lanka signed MoU for construction of a 5000-metric ton temp controlled warehouse: Details, Aim, Purpose, Highlights
India and Sri Lanka on 18th September 2018, signed a Memorandum of Understanding (MoU) for the construction of a 5000-metric ton temperature controlled warehouse in Dambulla of Central Province.
The warehouse will be constructed with an Indian grant assistance of 30 crore Sri Lankan rupees.
The MoU was signed by Taranjit Singh Sandhu, High Commissioner of India to Sri Lanka and KDS Ruwanchandra, Secretary to Sri Lankan ministry of national policies and economic affairs.
The warehouse project envisioned construction of a 5000-metric ton temperature controlled warehouse for fruits and vegetables to minimize its post-harvest losses.
This initiative will benefit the farming community by reducing the wastage, particularly in the peak season when there is surplus production.
India’s overall commitment of development assistance to Sri Lanka stands at a total of around 3 billion US dollars, out of which 550 million US dollars is pure grant assistance.
Srilanka
Capitals: Sri Jayawardenepura Kotte (Administrative) & Colombo (Commercial)
Largest City: Colombo
Currency: Sri lankan Rupee (LKR)
Official Languages: Sinhala & Tamil
President: Maithripala Sirisena
Prime Minister: Ranil Wickremesinghe
