News

China to engage in several charity projects in SL, progress of investments highlighted

The Embassy of China in Sri Lanka organised a press conference today (21) where, a summary of China-Sri Lanka bilateral cooperation was discussed, with a focus on China’s upcoming aid and investment projects in the country.

In terms of charity projects, it was revealed that on On 30th March 2022, Ambassador Qi Zhenhong will to donate food packages to 650 Muslim families of Colombo before the holy month of Ramazan. 

In addition, the China Foundation of Poverty Alleviation has decided to donate 20,000 school bags with daily necessities, stationery and hygiene products worth USD 500,000 to public schools in Northern Province as requested by the Provincial Government. 

Further, plans are also underway to donate food packages worth LKR 40 million to needy families prior to the Sinhala and Tamil New Year.

A grant of USD 87 million has been accommodated for the construction of 1996 Units of Subsidised Housing for low income families.

It was also highlighted that the Kandy North – Pathadumbara Integrated Water Supply Project which is the largest municipal water supply project in Sri Lanka is due to be completed by the end of 2022.

In terms of China’s tire manufacturing project in the country with an initial investment of USD 300 million, bids have now been invited for the construction of the plant. It was mentioned that a further investment of USD 300 million is expected. 

The Ambassador also noted that China has decided to give priority for 6,000 Sri Lanka students to resume their degrees in Chinese Universities.

While remarking that Sri Lanka came to China’s aid during its lowest point 70 years ago, the Ambassador said that China will not take advantage of Sri Lanka’s current situation.