Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* ADB grants Sri Lanka $ 300 million to revamp water and sewer systems in Colombo
Thu, Oct 25, 2012, 09:44 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 25, Colombo: The Asian Development Bank (ADB) said today it is providing $300 million in loans to overhaul the quality, coverage, and management of water and wastewater services in the Sri Lankan capital, Colombo.

According to a press release issued by the ADB today, the multi-tranche financing facility approved by the ADB Board of Directors will support a $400 million government investment program to improve water and sanitation in greater Colombo.

ADB's first tranche loan of $84 million will focus on reducing water losses in Colombo, which are estimated to cost more than $13 million a year in revenue.

The program aims to make water available 24 hours a day throughout greater Colombo by 2020, with a focus on improving services in underserved areas. It targets a reduction in nonrevenue water losses from nearly 50 percent in 2012 to about 20 percent by 2020, and seeks to ensure 100 percent sewer network coverage by 2020.

Announcing the financial assistance, Mingyuan Fan, Urban Development Specialist in ADB's South Asia Department has said that parts of Colombo's water supply distribution network are over 100 years old and some areas only get water for less than half the day, while the sewer network suffers from frequent collapses and blockages.

"Our assistance will help the government make water and sanitation services higher quality, cost-effective, and sustainable," the ADB official has said.

According to the Asian lender, the assistance will be used to repair or replace water transmission and distribution pipes and pumps, install high quality meters, and implement network mapping and leakage controls.

It will fund new sewer connections and the construction of two wastewater treatment plants and support measures to strengthen the management and operations of the oversight agencies, the National Water Supply and Drainage Board and Colombo Municipal Council, the ADB said.



ColomboPage - Recent 10 Stories
Two youths attempting to take selfie gone missing in sea
-- [9 hours ago]
Minister requests trade unions to postpone postal strike until Friday
Term of Presidential Commission probing corruption and fraud extended
Paddy purchasing in Northern Province begins
UN expert to visit Sri Lanka to assess rights to freedom of peaceful assembly and of association
Sri Lanka postal workers to launch 48-hour strike from 4 pm today
Three faculties at Ruhuna University to be reopened tomorrow
Navy nabs person with over 3200 illegally harvested conch shells
CID grills former Defense Secretary Hemasiri Fernando for nine hours
National Authority on Tobacco and Alcohol Act strictly enforced island wide from today

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.