monetabrief Logo
Print Story https://monetabrief.com
Fiscal | Economy

Sri Lanka to Revise China EximBank Loan Agreement For Expressway by August

Published Tuesday, 7th July 2026 9:40 AM ● By
monetabrief_story_image

MONETABRIEF – Sri Lanka Expects to revise a loan agreement with Exim Bank of China and have it ready for signature by August, Deputy Minister of Finance Anil Jayantha Fernando has said after meeting a visiting team from the lender.

A delegation led by Deputy Chairman of the Exim Bank of China, Yang Dongning, visited Sri Lanka and met Minister Anil Jayantha Fernando and Treasury officials.

The first phase of the Central Expressway running from Kadawatha to Mirigama is being financed by the Exim Bank of China.

Both sides reviewed the progress of the revision and expressed the commitment to complete the process, a finance ministry statement said.

Related Stories

  • Sri Lanka To Give Central Expressway Section 4 to Local Contractors

Subject to internal processes of both sides being completed, Sri Lanka expects to complete the requirements to make the agreement ready before the end of August, the statement said. (Colombo/July03/2026)