Purpose
- General Sub Loan (GSL)
Financing of solutions to environmental issues related to projects (waste minimization, resource recovery & savings, pollution control and abatement measures) - Technical Assistance Loans (TAL)
For consultancy services related for solving of environmental problems
Eligibility
- Financially viable Industrial Enterprises
Maximum Loan Amount
- General Sub Loan (GSL) - Rs. 30.0 Mn.
- Technical Assistance Loans (TAL) - up to 100% of the cost of consultancy to a maximum of Rs. 1.0 Mn.
Maximum Repayment Period
- General Sub Loan (GSL) - 10 years
- Technical Assistance Loans (TAL) - 5 years
Grace Period
- General Sub Loan (GSL) - 2 years
- Technical Assistance Loans (TAL) - 1 year
Special Conditions
- The Project Management Unit of the Ministry of Industries and Commerce should recommend the facility
- All sub-projects should comply with environmental guidelines imposed by the Government of Sri Lanka
- Investments in producing or processing of asbestos or other hazardous substances are not eligible for funding under this scheme
