Stalled Japanese investment initiatives will be resumed – Foreign Minister of Japan

Japan Foreign Minister, Ms. Yōko Kamikawa, called on President Ranil Wickremesinghe this afternoon (4) at the Presidential Secretariat.

Foreign Minister Kamikawa praised the President’s efforts to overcome the economic crisis, as well as pursuing an ambitious economic reforms agenda.

During the discussions with President Wickremesinghe, Minister Yōko Kamikawa, stated her Government’s intention to resume the Yen denominated loans and the stalled Japanese investment initiatives including the Bandaranaike International Airport (BIA) expansion project and the Light Rail Transit (LRT) project.

The signing of a Memorandum of Understanding (MoU) pertaining to debt restructuring in Sri Lanka was also discussed.