Chinese Government provides $60 million grant -- via ETCA -- for development of 2,000 low income housing units
Commitment amount
$ 69140289.42125842
Adjusted commitment amount
$ 69140289.42
Constant 2021 USD
Summary
Funding agency [Type]
China Ministry of Commerce [Government Agency]
Recipient
Sri Lanka
Sector
Other social infrastructure and services (Code: 160)
Flow type
Grant
Infrastructure
Yes
Category
Project lifecycle
Geography
Description
On May 16, 2017, the Chinese Government and the Government of Sri Lanka signed an Economic and Technical Cooperation Agreement (ETCA) that committed $60 million in grant funding for the development of 2,000 low income housing units. In August 2019, Sri Lanka’s Cabinet of Ministers identified the areas where these housing units will be constructed: The Divisional Secretariat Divisions of Moratuwa, Peliagoda, Thimbirigasyaya and Maharagama and land areas in Peliyagoda and Maharagama. However, as of late 2019, this project had still not yet entered implementation. In April 9, 2018, Memorandum of Understanding (MoU) for this project was signed. The Urban Development Authority (UDA) would allocate lands for the construction of these houses.
Additional details
Additional information about the ETCA specifically could not be found.
Number of official sources
5
Number of total sources
7
Details
Cofinanced
No
Direct receiving agencies [Type]
Government of Sri Lanka [Government Agency]
Implementing agencies [Type]
Government of Sri Lanka [Government Agency]