China has signed a concessional loan agreement of 989 million US$, covering 85% of the total contract price of the Central Expressway Project- Section 1.
The agreement was signed today (22) between the Secretary to the Treasury, Ministry of Finance, Dr. R. H. S. Samarathunga and the Ambassador of China to Sri Lanka, Cheng Xueyuan on behalf of the Export-Import Bank of China.
Previous to this agreement, China had mad several requests and set several standards that had to be met by the Sri Lankan parties involved in the construction of this section of the Central Expressway.
After several discussions and negotiations, the Chinese Embassy and the Sri Lankan Government came into an agreement and the Concessional loan was signed.
China has said it remains committed to enhancing friendships and co-operation between the two states, and bringing more and more tangible benefits to the two peoples.
China agrees to concessional loan to support CEP-1
22 Mar 2019
China agrees to concessional loan to support CEP-1
22 Mar 2019
China has signed a concessional loan agreement of 989 million US$, covering 85% of the total contract price of the Central Expressway Project- Section 1.
The agreement was signed today (22) between the Secretary to the Treasury, Ministry of Finance, Dr. R. H. S. Samarathunga and the Ambassador of China to Sri Lanka, Cheng Xueyuan on behalf of the Export-Import Bank of China.
Previous to this agreement, China had mad several requests and set several standards that had to be met by the Sri Lankan parties involved in the construction of this section of the Central Expressway.
After several discussions and negotiations, the Chinese Embassy and the Sri Lankan Government came into an agreement and the Concessional loan was signed.
China has said it remains committed to enhancing friendships and co-operation between the two states, and bringing more and more tangible benefits to the two peoples.
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!