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LOANS & CREDITS

Sri Lanka: Accelerating Higher Education Expansion and Development Operation

May 12, 2017


WASHINGTON, May 12, 2017 - The World Bank’s Board of Executive Directors today approved the following project:

Sri Lanka Accelerating Higher Education Expansion and Development

IBRD Loan: US$67 million
Terms: Maturity = 25 Years, Grace = 10 Years
IDA Credit: US$33 million equivalent
Terms: Maturity = 25 Years, Grace = 5 Years
Project ID: P159995

Project Description:
The program development objective is to increase enrollment in priority disciplines, improve the quality of degree programs, and promote research and innovation in the higher education sector in Sri Lanka.


Media Contacts
In Washington:
Elena Karaban
Tel : +1 (202) 473-9277
ekaraban@worldbank.org
In Colombo:
Dilinika Peiris
Tel : +94 (011) 5561347
dpeiris@worldbank.org

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