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Sri Lankan delegation in Beijing to discuss highway funding

03-05-2012 15:35 BJT

COLOMBO, March 5 (Xinhua) -- A top Sri Lankan delegation is in Beijing for talks with the Chinese government to obtain a 270 million U.S. dollar loan for a new highway, a statement from the Transport Ministry said here on Monday.

The team is led by Transport Ministry Secretary Dhammika Perera and will have discussions with China's Exim Bank to obtain the loan for the 27-kilometer highway to be constructed in the southern part of the country.

China has become Sri Lanka's largest lender since the end of a three-decade war in 2009 and China is funding highways, ports, airports and coal power plants across the country.

In the last two years, it is estimated that the Sri Lankan government has invested over 6 billion U.S. dollars in infrastructure projects.

 

Editor:Zhang Rui |Source: Xinhua

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