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Japan to Resume Development Projects in Sri Lanka Following Economic Reforms

June 28, Colombo (LNW): The Japanese government has decided to restart development projects in Sri Lanka that were previously suspended, due to the country’s progress in implementing economic reforms.

Japanese envoy in Colombo, Misukoshi Hideaki, announced that steps will be taken to resume these projects after the relevant Memorandums of Understanding (MoUs) regarding debt restructuring are signed.

Speaking at a press conference in Colombo, the Ambassador expressed satisfaction over the signing of debt restructuring agreements with bilateral creditors and reaffirmed Japan’s commitment to supporting Sri Lanka.

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