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China nod for $1.1 b Central Expressway loan

15May

By Faraz ShauketalyNo Comments

Business, Main Story

China nod for $1.1 b Central Expressway loan

China’s Ambassador Cheng Xueyuan during a meeting with Prime Minister Ranil Wickeremesinghe yesterday has assured the Chinese Government had approved the $1.1 billion loan for the construction of the first phase of the Central Expressway, the Prime Minister’s Office said. The statement was issued following reports that loan disbursement had been held up, despite the expressway being in the works for the better part of two years and being one of the flagship projects of this Government. The loan was obtained from the China Exim Bank. “The Chinese Ambassador to Sri Lanka met Prime Minister Ranil Wickeremesinghe to break the good news of the Chinese Government approving $1 billion for phase I of the Central Expressway construction. Instructions have been given to Chinese EXIM Bank to proce...

Sri Lanka government plans to develop 13 hospitals with Chinese aid

With the assistance of the Government of China, 13 Sri Lankan hospitals will be developed to provide better services to the public, Minister of Health, Nutrition and Indigenous Medicine Rajitha Senaratne said. The Minister announced this during a special discussion held at the Ministry recently on developing the Mirigama Base Hospital. The hospital will be developed at a cost of Rs. 2 billion with the financial assistance of the Chinese government. A complex comprising an outpatient department (OPD), emergency unit, laboratory services, a radiation unit and a blood transfusion center will be constructed at the hospital. The Minister said with the financial assistance of the Chinese government the Government has planned to develop the Beruwala Dharga Hospital, Aluthgama Hospital...

Sri Lanka President inaugurates construction of largest kidney hospital in Asia with Chinese aid

Maithripala Sirisena Wednesday laid the foundation stone for the National Nephrology Specialized Hospital in Polonnaruwa. The largest kidney hospital in Asia to be constructed at a cost of Rs.12 billion is a gift from the People's Republic of China. The hospital which fulfills the President's long term dream to serve the people who suffer from kidney diseases will be built at 28th Post, closed to Polonnaruwa General Hospital. It is significant this hospital is fully sponsored by the Chinese government. The hospital will serve not only the kidney patients in the North-Central Province, but also all kidney patients in the country. The facilities of the hospital include kidney transplant surgeries, blood dialysis services, clinical service, laboratory service and counseling servic...