Monday, 21 September 2015 - 19:13
India to begin talks with Sri Lanka on 5.19 billion dollar road project linking the two countries
India is preparing to engage in high-level hold talks with Sri Lanka by October on an ambitious 5.19 billion dollar road project linking the two countries.
During Prime Minister Ranil Wickremesinghe's visit to New Delhi last week, India's Union Minister for Road Transport, Highways and Shipping Nitin Gadkari discussed the project with the Sri Lankan Prime Minister.
Gadkari, who called on the visiting Prime Minister, has discussed construction of a sea bridge and an underwater tunnel linking the 22-kilo meter stretch between Thalaimannar in Sri Lanka and Dhanushkodi in India.
Dhanushkodi, situated south-east of Pamban town is only about 29 kilometers away from Thalaimannar in Sri Lanka, the town closest to the Indian land border.
Multi-lateral funding agency ADB, which has already agreed to finance infrastructure projects worth about 8 billion dollars for Bangladesh, Bhutan, India and Nepal region, has also shown keen interest in financing 5.19 billion dollars, India-Sri Lanka proposed project to provide seamless flow of traffic among the nations.
During the meeting with Prime Minister Wickremesinghe, Gadkari has discussed the plans to expand the existing motor pact with Bangladesh, Bhutan and Nepal to other neighboring countries.
Gadkari had earlier said there is a missing link of narrow corridor of about 22 kilo meters in connectivity to Sri Lanka from Rameshwaram, which is presently being serviced through makeshift ferry service arrangements