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HOME / NEWS/ KOREA EXIMBANK TO CONDUCT FEASIBILITY STUDY TO ESTABLISH LDI, LISS IN SRI LANKA

Korea Eximbank to conduct feasibility study to establish LDI, LISS in Sri Lanka


kick-off
Land and Parliamentary Reforms Ministry Secretary W. H. Karunarathne and other participants of the kick-off meeting

Recognising the importance of efficient land management and its contribution to the economy, The Export-Import Bank of Korea (Korea Eximbank), the entrusted government agency of Economic Development Cooperation Fund (EDCF) is financing a comprehensive feasibility study to establish a Land Data Infrastructure (LDI) and Land Information Service System (LISS) in Sri Lanka as a grant under its technical assistance scheme. 

The kick-off meeting of the feasibility inception was held on 21 May at the Ministry of Land and Parliamentary Reforms, with the participation of Ministry Secretary W.H Karunarathna, Korea Eximbank Country Director of Colombo Representative Office Daekyoo Park, Surveyor General S. M. P. P. Sangakkara, experts of the feasibility study team and other staff members from relevant organisations. The study will be completed by October 2019. Based on the outcomes of the feasibility study, the Government of Korea will consider to approve EDCF Finance for the project implementation within 2019. 

The feasibility study consultant Korea Land and Geospatial Informatix Corporation (LX) Consortium has dispatched a team with relevant expertise in the field to analyse the status and requirements of the project, establish a target model for the proposed project, calculate the estimated cost for the project components, and set operations and management plan for establishments. The consultant is also expected to analyse the policy, legal, technical and economic feasibility of the project and devise project performance indicators. 

If implemented, the project will enable the Government of Sri Lanka to integrate the land parcel fabrics into LDI & LISS and enhance the ability to manage the city administration using land information service system for 24 municipalities. It will also improve the accessibility to the land information for the various users, enhance the efficiency of spatial information management through National Spatial Data Infrastructure (NSDI), maximise utilisation of land data, increase the efficiency of issuing land titles and grants and strengthen the revenue generation of the municipalities.

https://www.lankabusinessonline.com/korea-eximbank-to-conduct-feasibility-study-to-establish-land-information-service-system-in-sri-lanka/

Lanka Business Online

Korea Eximbank to conduct feasibility study to establish land information service system

Author LBO
Posted on May 24, 2019 | General ServicesReal Estate & ConstructionTechnology

May 24, 2019 (LBO) – Recognizing the importance of efficient land management and its contribution to the economy, the Korea Eximbank is financing a comprehensive feasibility study to establish a Land Data Infrastructure (LDI) and Land Information Service System (LISS) in Sri Lanka as a grant under its technical assistance scheme.

The Export-Import Bank of Korea (Korea Eximbank) is the entrusted government agency of Economic Development Cooperation Fund (EDCF).

The kick off meeting of the feasibility inception was held on 21st May 2019 at the Ministry of Land and Parliamentary Reforms with the participation of Secretary of the Ministry W.H Karunarathna, The Country Director of Colombo Representative office of Korea Exim bank, Daekyoo Park, Surveyor General S.M.P.P. Sangakkara, experts of the feasibility study team and other staff members from relevant organizations.

Korean embassy said in a statement that the study will be completed by October 2019.

Based on the outcomes of the feasibility study, the Government of Korea will consider approving EDCF Finance for the project implementation within 2019.

The feasibility study consultant, Korea Land and Geospatial Informatix Corporation (LX) Consortium has dispatched a team with relevant expertise in the field to analyze the status and requirements of the project, establish a target model for the proposed project, calculate the estimated cost for the project components, and set operations & management plan for establishments.

The consultant is also expected to analyze the policy, legal, technical and economic feasibility of the project and devise project performance indicators.

If implemented, the project will enable the Government of Sri Lanka to integrate the land parcel fabrics into LDI & LISS and enhance the ability to manage the city administration using land information service system for 24 Municipalities.

It will also improve the accessibility to the land information for the various users, enhance the efficiency of spatial information management through National Spatial Data Infrastructure (NSDI), maximize utilization of land data, increase the efficiency of issuing land titles and grants and strengthen the revenue generation of the Municipalities.

http://www.colombopage.com/archive_18B/Sep02_1535863937CH.php

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 Sri Lanka, Korea agreed to enhance bilateral relations during Speaker’s visit
Sun, Sep 2, 2018, 10:22 am SL Time, ColomboPage News Desk, Sri Lanka.

Sept 02, Colombo: The Speaker of the Parliament of Sri Lanka Karu Jayasuriya undertook an official visit to the Republic of Korea from 27-30 August 2018 on the invitation of the Speaker of the Korean National Assembly.

The Speaker was accompanied on the visit by a cross-party group of Parliamentarians from Sri Lanka comprising the Minister of Social Welfare and Primary Industries and Secretary, Sri Lanka-Korea Parliamentary Friendship Association in the Sri Lanka Parliament Daya Gamage, Members of Parliament Bandula Gunawardena, Vijitha Herath, and Dayasiri Jayasekara, the latter holding the portfolio of President, Sri Lanka-Korea Parliamentary Friendship Association; and Chief of Staff and Deputy Secretary General of Parliament Neil Iddawela.

Speaker Karu Jayasuriya, who was warmly received at the airport by the President of the Korea-Sri Lanka Parliamentary Friendship Group and Chairman of Strategy and Finance Committee in the Korean National Assembly Jung Sung-ho, had meetings with several high-level dignitaries of the Korean Government including the Speaker of the 20th National Assembly Moon Hee-sang; Korean Prime Minister Lee Nak-yon; Chief of National Security and Chairman of NSC Standing Committee Chung Eui-yong; Mayor of Seoul Metropolitan Government Park Won-soon; and President and members of the Korea-Sri Lanka Parliamentary Friendship Group.

The Speaker and delegation were hosted to an official dinner by Speaker Moon Hee-sang at his official residence with distinguished Members of the Korean National Assembly including Chairman of the Foreign Affairs and Unification Committee Kang Seok-ho. The dinner also included an attractive cultural performance by Korean band Dubeonjjaedal (second moon) with an interpretation of a popular Sri Lankan song as well as Korean music. The Speaker and delegation were also hosted to a luncheon by President Jung Sung-ho and Members of the Korea-Sri Lanka Parliamentary Friendship Group.

During high-level interactions with Korean interlocutors including Speaker Moon and Prime Minister Lee, the two sides expressed satisfaction at the close friendship and cooperation existing between Sri Lanka and Korea, reinforced by the state visit of President Maithripala Sirisena last November to commemorate 40 years of diplomatic relations between the two countries.

The two sides discussed the range of bilateral issues and agreed to further enhance relations through cooperation between Parliaments of the two countries and the two Parliamentary friendship groups, with exchange of visits including more high-level visits from the Korean side to Sri Lanka.

Speaker Karu Jayasuriya also recalled with appreciation the history of economic cooperation between Sri Lanka and Korea which included the first public-private partnership in Sri Lanka in the footwear industry which was a joint venture with two well-known Korean companies.

The Speaker of Sri Lanka Parliament also extended invitations to Speaker Moon Hee-sang and Prime Minister Lee Nak-yon, as well as the Korea-Sri Lanka Parliamentary Friendship Group of the Korean National Assembly to visit Sri Lanka in the near future, which were warmly received.

The Speaker also took time off his busy schedule to pay a visit to the site where the new Sri Lankan Buddhist Temple, Korea-Sri Lanka Maha Vihara, is to be constructed in Asan city, under the aegis of the Temple’s Chief incumbent the Most Venerable Dr. Thalgamuwe Dhammakitti Thero. A Korean red pine tree was planted by the Speaker in honor of his visit at a ceremony attended by Sri Lankan and Korean devotees.

The Speaker and delegation of Ministers and MPs also participated in an informal interaction at the Sri Lankan Embassy in Seoul with a cross-section of the Sri Lankan community in Korea, including Buddhist clergy of Sri Lankan Temples located around Seoul, businesspersons, community representatives and members of the Sri Lankan Students’ Association in Korea.

The productive interaction provided an opportunity to community members to discuss their proposals with regard to return support for Sri Lankan employees and support of Sri Lankan Government to SME startup companies, among other issues.

Speaker Karu Jayasuriya also extended his deep appreciation to the Sri Lankan community in Korea for their valued contribution towards the economic development of Sri Lanka.

The Speaker and delegation were supported on the visit by Sri Lanka’s Ambassador to the Republic of Korea Manisha Gunasekera and staff of the Sri Lanka Embassy in Seoul.

http://www.colombopage.com/archive_19A/Jun24_1561367021CH.php

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State Minister leads delegation to special Workshop on Multipurpose Fisheries Construction in Korea 
Mon, Jun 24, 2019, 02:33 pm SL Time, ColomboPage News Desk, Sri Lanka.

June 24, Colombo: State Minister of Fisheries and Aquatic Resources Development Dilip Wedaarachchi and a delegation from Sri Lanka are participating in an expert workshop on construction of multi-purpose fisheries harbors commenced in Korea yesterday.

The expert workshop commenced yesterday (June 23) with the participation of a number of countries will be held in Seoul and Busan, Korea until the 29th of this month.

As a result of the state minister’s visit to Korea in 2016, Korea has agreed to construct four multipurpose fisheries harbors in Sri Lanka.

The concept of constructing multipurpose fishing harbors was introduced to Sri Lanka by Minister of State Wedaarachchi.

The multipurpose fishery harbors are planned to be established in Chalai, Delft, Madakal and Udappuwa with a view to realizing fisheries, tourism and commercial purposes.

Along with the Minister, Additional Secretary to the Ministry of Fisheries and Aquatic Resources Development (Development) MPNM Wickremasinghe, Engineering Manager of the Fisheries Harbor Corporation W Nishantha Wickramasuriya and Private Secretary to the Minister of State, GM Dinesh Kumara are participating in the first session of the workshop.

http://www.colombopage.com/archive_18B/Aug29_1535525584CH.php

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 Construction of four multipurpose fishery harbors with Korean assistance to begin next year
Wed, Aug 29, 2018, 12:23 pm SL Time, ColomboPage News Desk, Sri Lanka.

Aug 29, Colombo: Sri Lanka and South Korea have agreed to take the necessary measures to commence the construction work on first ever multipurpose fisheries harbors in the beginning of next year.

The two sides have agreed to begin construction of four multipurpose fisheries harbors in the island during a meeting held between Korean Ambassador in Sri Lanka, Mr. Lee Heon and State Minister of Fisheries and Aquatic Resources Development and Rural Economy Dilip Wedaarachchi yesterday at the Ministry.

Discussions specially focused on accelerating the construction of multi-purpose fishing ports and both sides agreed to conclude the preparation work within the next month.

A high-level delegation from the Korean Ministry of Fisheries had visited Sri Lanka to conduct a feasibility study free of charge and Korea will also provide loans at a low interest rate.

The multipurpose fishery harbors are planned to be established in Chalai, Delft, Madakal and Udappuwa with a view to realizing fisheries, tourism and commercial purposes. It is planned to earn an income from each harbor to cover the relevant loans.

An agreement has been reached to construct the first multi-purpose harbor in Delft Island and in parallel to develop Delft as an environmentally friendly city.

Secretary to the Ministry of Fisheries Mr. Jayantha Wijeratne and several others participated in the discussion.