Chinese Aid Project The total cost of the new complex for the Institute of Technology of the University of Moratuwa (ITUM) at Diyagama

Funder	and China Eximbank agreed to provide 85% of the funding required. Thus
Recipient Organization	China Eximbank’s estimated contribution = $89.55 million * 0.85 (or $76.1175 million). The BCL carried the following terms: 15-year maturity and 3-year grace period.
Country	China Eximbank’s estimated contribution = $89.55 million * 0.85 (or $76.1175 million). The BCL carried the following terms: 15-year maturity and 3-year grace period.
Start Date	Apr 23, 2023
End Date	May 22, 2033
Duration	3,682 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`The total cost of the new complex for the Institute of Technology of the University of Moratuwa (ITUM) at Diyagama`

Grant Description

Homagama was $89.55 million (Rs 11.7 billion) 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

China Eximbank’s estimated contribution = $89.55 million * 0.85 (or $76.1175 million). The BCL carried the following terms: 15-year maturity and 3-year grace period.