A high level delegation from the Export Import Bank of China (China EXIM Bank), led by Vice President Yang Dongning, visited Sri Lanka to strengthen bilateral development cooperation and advance key infrastructure and economic initiatives that support the country’s long term growth agenda.
During the visit, the delegation held discussions with Deputy Minister of Finance and Planning Dr. Anil Jayantha Fernando and senior Treasury officials, focusing on enhancing cooperation between the Government of Sri Lanka and China EXIM Bank while accelerating strategic development projects.
A key focus of the discussions was the amended Financing Agreement for Section I of the Central Expressway Project between Kadawatha and Meerigama, which is financed by China EXIM Bank. Both sides reviewed progress on the amendment process and reaffirmed their commitment to completing the remaining procedures. The Government expressed its intention to finalise the necessary formalities and sign the amended agreement before the end of August 2026, subject to the completion of internal approvals by both parties.
Dr. Fernando outlined the Government’s strategy for achieving sustainable economic growth by prioritising sectors including tourism, value added manufacturing integrated with global value chains, logistics, energy and information technology. He also highlighted Sri Lanka’s commitment to promoting technology driven industries, fostering innovation and expanding export markets to enhance the country’s global competitiveness.
The discussions concluded on a positive note, with both Sri Lanka and China EXIM Bank expressing confidence that continued collaboration would further strengthen bilateral relations, facilitate strategic infrastructure development, encourage investment and contribute to sustainable economic growth and long term national prosperity. The visit underscores the enduring partnership between Sri Lanka and China and reflects the shared commitment of both countries to supporting inclusive development through long term economic cooperation and infrastructure investment.
