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Message: <blockquote data-quote="monson" data-source="post: 22545591" data-attributes="member: 30005">On the right track JICA to fund Colombo’s LRTSBy 2017-11-28Japan International Cooperation Agency (JICA), Tokyo's funding arm, will aid Sri Lanka to construct a Rs 187.5 billion Light Rail Transit System (LRTS) in Colombo to ease traffic congestion, a recently released Central Bank of Sri Lanka (CBSL) report said.The project is expected to be completed by 2021. By end June 2017, JICA had completed topographic and geological surveys while the Environmental Impact Assessment (EIA) survey was in progress, the report said.Meanwhile, JICA in a separate report said that the objectives of the project are to alleviate traffic congestion, provide better connectivity and mitigate air pollution in the Western region by constructing a mass rapid transit system (Light Rail Transit System), thereby contributing to the economic and social development of the Western region and improvement of the urban environment."The Government of Sri Lanka has negotiated for financing from JICA towards the cost of the Light Rail Transit System Project as a priority intervention in the Megapolis area," Project Implementer for the Ministry of Megapolis and Western Development, added.- <a href="http://www.ceylontoday.lk/print20170401CT20170630.php?id=35076" target="_blank">http://www.ceylontoday.lk/print20170401CT20170630.php?id=35076</a></blockquote>

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