India will bear the entire cost of repairing Kankesanthurai port in the northern province of Sri Lanka.

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The Sri Lankan Cabinet has decided to renovate the Kankesanthurai port in the Northern Province and India has agreed to bear the entire cost of the project amounting to $61.5 million. Kankesanthurai or KKS Port, 104 km away from Karaikal Port in Puducherry, is spread over an area of ​​16 acres.

Colombo. The Sri Lankan Cabinet has decided to renovate the Kankesanthurai port in the northern province and India has agreed to bear the entire cost of the project worth $61.5 million. This information was given in a statement on Tuesday. Kankesanthurai Port or KKS Port, located in the northern region of Sri Lanka, is spread over an area of ​​16 acres and is 104 kilometers away from Karaikal Port in Puducherry. The direct passenger ship service connecting Nagapattinam in Tamil Nadu to Kankesanthurai port near Jaffna covers a distance of 111 kilometers in about three and a half hours.

“Considering the importance of this project, the Government of India has agreed to bear the entire estimated cost of the project,” the statement said, adding that the implementation of the project was delayed due to non-availability of consultant service agencies. The estimated cost given by the Government was much more than the relevant amount of the loan. According to the statement, “After this, further discussions were held with the Government of India regarding the possibility of completing the project under the Public Private Partnership method.” The Cabinet had first given approval for this project on May 2, 2017. It was announced in March this year that the project would cost a total of $61.5 million.

Disclaimer: CricketInFocus has not edited this news. This news has been published from PTI-language feed.



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