Three investment zones to be established in the North

Three investment zones will be established in Sri Lanka’s Northern Province, President Anura Kumara Disanayake told the World Bank.The statement was made during a meeting between President Anura Kumara Dissanayake and representatives of the World Bank held at the Presidential Secretariat.

During the discussion, consensus was reached to extend financial and technical support for programs aimed at generating employment for youth, the “Clean Sri Lanka” project, poverty alleviation in rural areas, and digital transformation projects.

New projects in the areas of education, energy, digitalization, and Northern development were also discussed for potential support.Martin Raiser, Vice President for South Asia at the World Bank assured that the World Bank would ensure the timely disbursement of approved financial assistance for Sri Lanka.

President Anura Kumara Disanayake emphasized that rural poverty could be alleviated by developing the education sector. He called on the World Bank representatives to support the government’s ongoing educational reforms and requested assistance for the development of the public transportation sector.

 

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