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Friday, 5 November 2010

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ADB content with development drive

The Asian Development Bank Executive Director Jaejung Song on a felicitation visit to Sri Lanka met Finance and Planning Deputy Minister and Senior Presidential Advisor Dr Sarath Amunugama at the Ministry Office recently to discuss matters pertaining to development projects in Sri Lanka.

Detailing the development activities in Sri Lanka Dr Amunugama said that Asian Development Bank assistance has contributed on a large scale to energize the Government's development drive.

In response to a question raised by Dr Amunugama whether there are snags in constructing the Southern Highway Project, Song said that the construction work in one section is doing well but the other section is staggering to a certain extent due to few reasons.

He also said that he had visited the new fish market and port. The progress in those sectors are satisfactory, he said. During 2010, Asian Development Bank has contributed approximately US $ 450 million on development projects in Sri Lanka chiefly to develop the road network in the dilapidated North and East.

Asian Development Bank Country Director Richard Vokes and External Resources Department, Director General J H J Jayamaha also participated the discussion.

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