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Sri+Lanka+obtains+loans+worth+over+Rs.+1029+billion+from+China
Sunday, 17 June 2018 - 14:12
Sri Lanka obtains loans worth over Rs. 1029 billion from China
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It has been revealed that Sri Lanka has obtained $ 8.2 billion or Rs. billion from China as loans for the last 12 years.

Those loans have been obtained from China Development Bank and China EXIM Bank for large-scale projects.

Main project loans:

Hambantota Port : Rs. 188bn

Norochcholai Coal Plant : Rs. 72bn

Southern Expressway Extention (Matara - Beliatte) : Rs. 300bn

These details were revealed by the Finance Ministry following a request made through the Right to Information Act.
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