India, Sri Lanka inks MoU for construction of 5000-MT temperature controlled warehouse
India and Sri Lanka on Monday signed a Memorandum of Understanding (MoU) for construction of a 5000-metric ton temperature controlled warehouse in Dambulla of Central Province.
The warehouse will be constructed with an Indian grant assistance of 30 crore Sri Lankan rupees.
The MoU was signed by Mr. Taranjit Singh Sandhu, High Commissioner of India to Sri Lanka and Mr. K.D.S. Ruwanchandra, Secretary to Sri Lankan ministry of national policies and economic affairs.
The project envisages construction of a 5000-metric ton temperature controlled warehouse for fruits and vegetables to minimize its post-harvest losses.
This initiative will benefit the farming community by reducing the wastage particularly in the peak season when there is surplus production.
This project is in continuation of Government of India’s efforts to partner with Government of Sri Lanka in people oriented development projects.
India’s overall commitment of development assistance to Sri Lanka stands at a total of around 3 billion US dollars, out of which 550 million US dollars is pure grant assistance.