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.