Economic DiplomacySri Lanka

ADB Champions Sri Lanka’s Water Supply Sector Reform with Strategic Funding

The core focus of the reform program lies in elevating the management of the water supply sector towards a climate-resilient, safe, and environmentally sustainable model.

November 20, 2023 1:26 pm

ADB to fund water supply sector reform program in Sri Lanka
ADB to fund water supply sector reform program in Sri Lanka

Colombo: In a significant development, the Asian Development Bank (ADB) has committed to funding Sri Lanka’s forthcoming water supply sector reform program. The pivotal discussion on this collaboration unfolded at the Presidential Secretariat, bringing together a high-profile delegation led by the Asian Development Bank’s Country Director for Sri Lanka, Takafumi Kadono. The meeting included key figures such as Senior Advisor to the President on National Security and Chief of Presidential Staff, Sagala Ratnayaka, Minister Jeevan Thondaman, President’s Senior Adviser on Economic Affairs Dr. R.H. S. Samaratunga, the Secretary of the Ministry of Water Supply R.M.W.S. Samaradivakara, and other officials.

The core focus of the reform program lies in elevating the management of the water supply sector towards a climate-resilient, safe, and environmentally sustainable model. The infusion of funds from the ADB underscores the commitment to ushering in transformative changes that will not only bolster the resilience of the water supply systems but also ensure their adherence to stringent environmental standards.

The discussions between the ADB delegation and Sri Lankan officials signify a collaborative effort to address the pressing challenges within the water supply sector. By aligning objectives with the broader goal of sustainability, this strategic funding is poised to play a crucial role in advancing the nation’s water infrastructure.

As Sri Lanka embarks on this reform journey, the partnership with the ADB is anticipated to pave the way for innovative solutions and advancements in water resource management, fostering a resilient and ecologically responsible approach to meet the country’s growing water needs.

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