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SL and China ink RMB800 Mn agreement on economic & technical cooperation

The Governments of Sri Lanka and China signed several agreements today (09), including an Agreement on Economic and Technical Cooperation, which is an 800 million Yuan project financing facility.

Treasury Secretary SR. Attygalle signed from the Sri Lankan side and China International Development Cooperation Vice Chairman Zhang Maoyu represented China.

In addition, several more agreements were signed as well:

  1. Letter of Exchange on the Project of Subsidized Housing for Low Income Category in Colombo
  2. Handover Certificate of the Technical Cooperation Project for BMICH
  3. Handover Certificate of the Technical Cooperation Project for the Kidney Disease Mobile Screening Ambulance Vehicles.

These developments come in the backdrop China’s State Councillor and Foreign Minister Wang Yi being present in the country on a two day official visit.