Support to Colombo Urban Regeneration Project
Item Details:
- Organisation: Asian Infrastructure Investment Bank
- Reference Number: PD000081-LKA
- Published: Oct 18, 2018
- Deadline: Not Specified
- Time zone: Local time
- Street: B-9 Financial Street
- City: Beijing
- Country: China
- Zip/Postal Code: 100033
- Expires: This ad has expired
Item Description:
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 87 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.
The Democratic Socialist Republic of Sri Lanka has applied for financing in the amount of US$ 200 million equivalent from the AIIB toward the cost of the Support to Colombo Urban Regeneration Project, and it intends to apply part of the proceeds to payments for goods, works, related services and consulting services to be procured under this project.
The objectives of the proposed project are to improve the housing conditions of low- income communities and increase land use efficiency in Colombo through investments in the construction of affordable housing and redevelopment of land, along with the associated enhancement of systems and policies.
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