Germany grants technical assistance of Euro 11 mn to Sri Lanka

10 June 2020 11:20 am - 4     - {{hitsCtrl.values.hits}}

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An agreement was signed by the Government of Sri Lanka with the Government of Germany today to obtain a technical assistance grant of Euro 11 million to implement three projects.

1) Vocational Training in Sri Lanka – Euro 7 million

This Project aims at providing demand-oriented cooperative vocational training for young people.

2) Small & Medium-sized Enterprises (SME) Sector Development in Sri Lanka – Euro 3.5 million

This program aims at removing major obstacles to the global competitiveness of Sri Lankan SMEs

3) Study and Expert Fund– Euro 0.5 million

This fund is utilized to finance preparation of new projects, to fund small-scale projects and for financing German experts 

The above projects will be implemented by GIZ of the German Government.

The Government of Germany has been assisting the Sri Lankan Government’s efforts to develop the vocational training sector and SME sector by providing technical and grant aid cooperation through various interventions.

The signing of the agreement pertaining to the above grant took place today at the Ministry of Finance, Economy and Policy Development. S.R. Attygalle, Secretary, Ministry of Finance, Economy and Policy Development signed the agreement on behalf of the Government of Sri Lanka while Jorn Rohde, the Ambassador for Germany in Sri Lanka signed on behalf of the Government of Germany. 

  Comments - 4

  • Martin Milton Wednesday, 10 June 2020 05:48 PM

    What about the proposed Volkswagen factory in Sri Lanka ???

    Miflah Wednesday, 10 June 2020 11:28 PM

    Not sure until the ship come

    sampath dissanayake Thursday, 11 June 2020 04:00 AM

    All foreign denotations should be implemented by their agents in Sri Lanka. They should not provide money to the government directly since all politicians are great corruptors even, Mahina, Ranil or Anura.

    Saman Herath Thursday, 11 June 2020 08:22 AM

    How can we apply for this ?


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