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Sri Lanka raises US$2.1bn to rebuild north

Sharhan Muhseen and Raja Senanayake

June 07, 2011 (LBO) - Sri Lanka has raised 2.
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1 billion US dollars to rebuild roads, rail, power, hostpital, water supply and help resettle refugees in the war torn Jaffna region in 2010, a finance ministry report said. These funding programmes have helped to resettle internally displaced people within a short period of time and restabilise civil administration and public infrastructure by replacing damaged roads, schools, hospitals and administrative buildings," the finance ministry said.
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"These projects would help to meet the basic, immediate needs and the medium term requirements of the people in the North.

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"These will also create sustainable employment opportunities for the affected people in their respective areas."

A 30-year war ended 2009 and the finance ministry has scrambled to raise finance and start rebuilding activities quickly.

China was lending 423 million US dollars to rebuild key roads including a 153 kilometre stretch on the main A09 highway to the north.

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The Asian Development Bank and France's AFD was financing a 135 million dollar water supply and sanitation project in the former Tiger stronghold of Kilinochchi.

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ADB was giving another 154 million for roads.

India was

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