MCC-Govt agreement before end of the month

MCC-Govt agreement before end of the month

The Millennium Challenge Corporation (MCC) coordinating office in Colombo is hopeful that the finalisation and signing of the contract between MCC and the Government will take place towards the end of this month. According to officials of the MCC coordinating office, Sri Lanka will obtain a grant of US $ 480 million under the biggest ever grant to be received by Sri Lanka to be disbursed over a five-year implementation time frame. The project will look into two projects; a land administration project and a transport development project.