Japan To Fund Sri Lanka’s Naval Monitoring Upgrade With ¥500 Million Grant

COLOMBO (News 1st); The Government of Japan has agreed to provide a grant of 500 million Japanese yen to Sri Lanka under the Official Security Assistance Project, aimed at enhancing the surveillance, investigation, and monitoring capabilities of the Sri Lanka Navy.

As part of the initiative, drones will be provided for the investigation, surveillance, and monitoring activities of the Sri Lanka Navy under the Official Security Assistance Project to the Sri Lanka Navy. 

The relevant exchange documents and agreements are scheduled to be signed by President Anura Kumara Dissanayake during his upcoming official state visit to Japan. 

The Cabinet of Ministers has approved the proposal submitted by the President authorizing further action on the project.