Sri Lanka in 60 mln dlr train deal with China

Sri Lanka plans to buy 60 million US dollars worth of locomotives and passenger coaches from China to modernise its Victorian-era network.

The state-owned railway says it'll buy 100 carriages and 15 diesel-powered locomotives.

China's Exxim Bank will fund the purchases with a lending agreement due to be signed between Colombo and Beijing.

A railway official says the nation's rolling stock is in desperate need of modernisation.
Delivery of the locomotives and coaches is expected to start in August.

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