The Government of Sri Lanka has signed a loan agreement with a multinational development bank to support its Public-Private Programme (PPP) initiatives.
The government has received US$25 million loan from International Bank for Reconstruction and Development (IBRD) of the World Bank Group to strengthen its National Agency for Public-Private Partnership (NAPPP) established by its Ministry of Finance.
The project development objective is to support the preparation of PPPs that facilitates private sector financing for the development of its priority infrastructure and services such as Transportation, Water and Sanitization, Ports and Shipping, Tourism, Information Communication Technology and Digital Infrastructure, Affordable Housing, Special Economic Zones, and Power and Energy and all infrastructure and services projects relevant to PPP in cooperation with the government sector.
The implementation of the project will be led by the Finance ministry through its PPP arm National Agency for Public-Private Partnership (NAPPP) during 2019-2023.
Country updates
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April 09, 2019
Financing approved for social infrastructure project in Colombo
The Asian Infrastructure Investment Bank’s (AIIB) has approved a USD200 million loan for Colombo Urban Regeneration Project in Sri Lanka which will improve housing conditions for low-income comm...
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March 15, 2019
CPCS signs contract for Western Region LRT project in Colombo
The Government of Sri Lanka has signed a contract with CPCS to deliver transaction advisory services to the Ministry of Megapolis and Western Development (MMWD) for the development of a Light Rail Tra...
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March 13, 2019
JICA signs Japanese ODA Loan Agreement with Sri Lanka for LRT project
The Japan International Cooperation Agency (JICA) signed a loan agreement on 11th March 2019 with the Government of the Democratic Socialist Republic of Sri Lanka in Colombo to provide a Japanese ODA...
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December 10, 2018
Surbana Jurong and Mitsubishi Corporation to set up fund management company
Surbana Jurong Capital, the newly established financial services arm of Surbana Jurong and Mitsubishi Corporation signed an agreement to set up a fund management company (FMC). The FMC will be a 50:50...
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August 19, 2018
RFEOI for the East Container Terminal and Bandaranaike Quay revamping announced
It has been recently confirmed that the Government is set to improve infrastructure, shipping and naval services through public private partnerships (PPPs) at the East Container Terminal and...
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