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* Netherlands grant Sri Lanka € 45 mn loan for strengthening Health Delivery Service in Northern Province
Fri, Jul 12, 2019, 09:40 am SL Time, ColomboPage News Desk, Sri Lanka.

July 12, Colombo: A loan Agreement was signed between the Government of Sri Lanka and ING Bank NV of the Netherlands for an amount of € 45 million (around Rs. 9 billion) for Strengthening the Health Delivery Service in the Northern Province.

The financing Agreement was signed on Wednesday 10 July 2019 by Secretary to the Ministry of Finance, Dr. R. H. S. Samaratunga and Willem van Nouhuys and Ms. Chloe Ajamlou of ING Bank NV at the Headquarters of Netherlands Enterprise Agency in The Hague.

Ambassador of Sri Lanka for the Netherlands, Sumith Nakandala and Ms. Joanne Doornewaard, the Ambassador for Netherlands to Sri Lanka were present at the signing.

With the conclusion of the conflict in the Northern Province of Sri Lanka, the Government of Sri Lanka took up the challenge of rehabilitating and reconstructing services and infrastructure facilities in the Northern Province. Under this program, special attention was given to improve health facilities and services through reconstructing infrastructure and increasing the capacity of the human resources. In this context, the Government of Sri Lanka has proposed to improve healthcare facilities for the District General Hospitals of Kilinochchi and Vavuniya and Base Hospitals of Point-Pedro and Mankulam.

Dr. Samaratunga after signing the loan Agreement expressed Sri Lanka's gratitude to the ING Bank NV and Development Related Infrastructure Investment Vehicle of the Netherlands (DRIVE) for supporting the Sri Lankan government's endeavor to enhance health related infrastructure in the Northern Province.

The ING Bank NV will provide an export credit facility to cover 75 percent of the contract cost. The balance 25 percent of the contract will be financed by a grant extended by the DRIVE of the Government of the Kingdom of the Netherlands.


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