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Chinese Government agrees to provide up to $60 million in grant funding -- via ETCA -- for development of 2,000 low income housing units (Linked to Record ID#95881)
| Funder | China Ministry of Commerce |
|---|---|
| Recipient Organization | Government of Sri Lanka |
| Country | Sri Lanka |
| Start Date | May 16, 2017 |
| End Date | Mar 27, 2029 |
| Duration | 4,333 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 69609 |
Grant Description
On May 16, 2017, the Chinese Government and the Government of Sri Lanka signed an Economic and Technical Cooperation Agreement (ETCA), which allocated up to $60 million in grant funding for the development of 2,000 low income housing units (as captured via Umbrella Record ID#69609). Then, on April 9, 2018, a Memorandum of Understanding (MoU) for this project was signed.
Sri Lanka's Urban Development Authority (UDA) agreed to allocate lands for the construction of the housing units.
Then, in August 2019, Sri Lanka’s Cabinet of Ministers identified the areas where these housing units would be constructed: the Divisional Secretariat Divisions of Moratuwa, Peliagoda, Thimbirigasyaya and Maharagama and land areas in Peliyagoda and Maharagama.
Staff Comments
Additional information about the ETCA specifically could not be found.
Sources & References
- A Brilliant Future for China-Sri Lanka Cooperation under the 'Belt and Road' Initiative, housing development for low income groups (2000 units), 2,000 houses to be constructed for low-income earning families
- Construction of 2000 housing units under the Chinese Aid Programme for the low income people
- China to construct 2000 houses for low income families in Colombo
- Project of Comprehensive Refurbishment of Superior Courts Complex
- Resource Mobilization Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
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Government of Sri Lanka
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