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Chinese Government provides RMB 2 billion grant to Sri Lanka for unspecified purposes
| Funder | Unspecified Chinese Government Institution |
|---|---|
| Recipient Organization | Government of Sri Lanka |
| Country | Sri Lanka |
| Start Date | Jul 21, 2018 |
| End Date | Dec 18, 2027 |
| Duration | 3,437 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 72065 |
Grant Description
On July 21, 2018, the President of Sri Lanka, Maithripala Sirisena, announced that Chinese President Xi Jinping had offered Sri Lanka an RMB 2 billion (USD 295 million) grant. According to President Sirisena, the RMB 2 billion "gift" can be utilized for any project he wishes.
President Sirisena made the announcement a ceremony marking the start of construction of a Chinese-funded kidney hospital in Polonnaruwa (see Record ID#53654).
He mentioned that the Chinese ambassador visited his house to set the date for the hospital ceremony and announced the RMB 2 billion gift at that time.
President Sirisena said he plans to hand over a proposal to the Chinese ambassador to build houses in all the electorates in the country. The current status of the project is unknown.
Sources & References
- ‘The Fear Is Coming Back’ as Political Crisis Brings Sri Lanka to Brink
- Coup without guns': India
- China cautiously watch Sri Lankan crisis
- Chinese Sinohydro Corporation Limited wins contract to build irrigation system in Sri Lanka
- Lanka yet to finalise project proposals for 2 bn yuan grant * China made pledge in May 2017
- China's Xi offers fresh $295 million grant to Sri Lanka
- 中国给斯里兰卡20亿搞建设？外交部：有关援助不附任何政治条件
- Sri Lanka’s Political Shake-Up Is a Win for China
- 中国送斯里兰卡20亿元人民币厚礼
- Sri Lankan President Maithripala Sirisena welcomes US$295 million ‘gift’ from Beijing despite controversy about reported election funding
- China's Xi offers fresh $295 million grant to Sri Lanka 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.
All Grantees
Government of Sri Lanka
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