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Overview

Hunan Branch of China Eximbank pledges $67 million for Kattankudy Waste Water Disposal Project

Commitments (Constant USD, 2023)$71,296,468
Commitment Year•2017Country of Activity•Sri LankaDirect Recipient Country of Incorporation•Sri LankaSector•Water Supply And SanitationFlow Type•Loan

Status

Project lifecycle

Pipeline: Pledge

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2017

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

  • Export-Import Bank of China (China Eximbank)

Receiving agencies

Government Agencies

  • Government of Sri Lanka

Implementing agencies

Government Agencies

  • Government of Sri Lanka

State-owned companies

  • Hunan Construction Engineering Group Co., Ltd.

Loan desecription

Hunan Branch of China Eximbank pledges $67 million for Kattankudy Waste Water Disposal Project

Interest type•Unknown

Narrative

Full Description

Project narrative

In a 2017 Performance Report by the Sri Lankan Department of External Resources, it was reported that the Hunan Branch of the Export-Import Bank of China will provide a US$67 million loan for the construction of Kattankudy Waste Water Disposal Project (determined to be also known as Kattankudy Division Sewerage Disposal Project), which will be implemented in 2018. The project will provide sewerage connections for Baticolao municipal council area and Kattankudy DS division area will be covered. A 50km collection network and 10,500m3/day wastewater treatment plant will be constructed. The total project cost will be $92.8 million.