(CPV) - ADB has approved a loan of USD453 million to help Sri Lanka complete its ongoing drive to deliver surplus water from the Mahaweli river basin to its dry zone, where scarce supplies undermine agricultural output and household incomes. "Sri Lanka has abundant water resources but they are not distributed evenly across the country," said Lance Gore, ADB Water Resources Specialist. "This assistance will allow the government to complete a decades-old program to transfer water from the country’s largest river to the dry zone, giving a real boost to growth, food security, and poverty reduction." The dry zone region (including North Central Province, Central Province, North Western Province and Eastern Province) is home to nearly a third of the country’s population, with 70% of rural dwellers dependent on agriculture for their livelihood. However, the zone receives less than 1,500 millimeters of rain per year, and droughts are common, which severely constrains … [Read more...] about Sri Lanka invests USD453 million to end water scarcity in dry zone
Central province sri lanka
(CPV) - ADB and the Government of Sri Lanka today signed the USD107 million second tranche loan agreement of an USD800 million multi-tranche financing facility to upgrade roads. "Providing all-weather road access will help link rural communities to socio-economic centres in Sri Lanka, thereby enabling rural communities to reap and enjoy the fruit of economic growth," said Sri Widowati, ADB’s Country Director in Sri Lanka. Widowati signed the loan on behalf of ADB while R.H.S. Samarathunga, Secretary to the Treasury, Ministry of Finance, signed for the Government of Sri Lanka. The USD107 million second tranche of the Integrated Road Investment Program, or so- called "iRoad" in Sri Lanka is largely earmarked for the first slice of projects in the Sabaragamuwa Province; Kalutara District of the Western Province; Central Province; North Central Province; and North Western Province, helping provide 9.3 million people with swifter and safer travel. The program will improve road … [Read more...] about Sri Lanka invests USD800 million to upgrade roads
(CPV) -ADB has approved an USD800 million loan facility to fund rural and national road upgrades in six provinces in Sri Lanka that will significantly improve access of remote communities to markets, services, and jobs. "Providing all-weather road access to towns and villages in rural areas will bring greater development and prosperity that will underpin stronger economic growth in Sri Lanka in coming years and decades," said Chen Chen, an ADB Senior Transport Specialist. The Integrated Road Investment Program, or so-called "iRoad" in Sri Lanka, will upgrade about 2,200 kilometers of rural access roads, and rehabilitate and maintain about 400 kilometers of national roads under five projects in the Southern Province, Sabaragamuwa Province and the Kalutara District of Western Province, Central Province, North Central Province and the North Western province. It will also provide training and support to help national, provincial, and local agencies manage the road network more … [Read more...] about USD800 million facility to help Sri Lanka tackle poor rural road links
Government In Action (10-07-2006) Prime Minister Nguyen Tan Dung has: Tax avoidance pact with Sri Lanka approved ... approved the agreement between the governments of Viet Nam and Sri Lanka on double taxation avoidance and tax evasion prevention to taxes imposed on income that was signed in Ha Noi on October 26, 2005. The PM also gave approval to similar agreements between Viet Nam and Egypt and Viet Nam and the Seychelles, signed respectively in Cairo on March 6, 2006 and in Ha Noi on October 4, 2005. Decisions 152/2006/QD-TTg, 155/2006/QD-TTg and 157/2006/QD-TTg dated June 30, 2006. Drugs, food and cosmetics under control ... endorsed the project to boost State management of drugs, food safety and hygiene and cosmetics between 2006 and 2015 in order to meet requirements for human health protection, care and improvement and international integration. Under the project, three international-standard centres will be set up to test drugs and evaluate their effects in Ha Noi, Da Nang and … [Read more...] about Tax avoidance pact with Sri Lanka approved
During visit and working of the delegation of the Sri Lankan government officials at Quang Nam, on 30/5, the delegation arrived courtesy visit PPC of Quang Nam province. Vice Chairman Dinh Van Thu and leaders of departments and agencies of the province welcome the delegation During this visit, the delegation of government officials Sri Lanka will find out the exchange of experience about management and implement projects improve environment urban of Central - Tam Ky Subproject by the Asian Development Bank (ADB) to fund and visited some model outstanding projects in Tam Ky city. Representative of Sri Lanka delegation said that between Quang Nam and Sri Lanka have similarities with each other about infrastructure, Sri Lanka also introduced about environmental improvement project by ADB funded in the local of Sri Lanka. The delegation wanted leaders of Quang Nam province's share experience in management, project management, stage clearance and resettlement for the people. … [Read more...] about Government officials Delegation of Sri Lanka visited and worked in Quang Nam.