SL-Japan to resume stalled development projects post debt restructuring

A media communique from the President’s Media Division (PMD) yesterday said Sri Lanka and Japan agreed to restart the stalled development projects after Sri Lanka’s debt restructuring process is completed.
Fujimaru Satoshi Minister of State in the Cabinet Office of Japan, and Yamamoto Kozo, former Minister of State for Regional Revitalisation and Regulatory Reform, called on President Ranil Wickremesinghe at the Presidential Secretariat yesterday.
“During the meeting, they discussed the stalled development projects in Sri Lanka, which were previously supported by the Japanese government. The parties agreed to restart these projects once the credit optimisation process in Sri Lanka is completed,” PMD said.

Additionally, they decided to involve officials from the Japanese Embassy in Sri Lanka in conducting an investigation related to these projects.
Mizukoshi Hideaki, Ambassador of Japan to Sri Lanka, President’s Senior Advisor on National Security and Chief of Staff Sagala Ratnayaka, and President’s Senior Adviser on Economic Affairs Dr. R.H.S. Samaratunga were also present during the meeting.