Mahaweli Water Security Investment Program - Tranche 1 (ADB-47381-002)

Countries
  • Sri Lanka
Where the impacts of the investment may be experienced.
Specific Location
Mahaweli river basin
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 2, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Sri Lanka
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 24, 2018

Disclosed by Bank Jul 25, 2016


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Project Description

According to the bank, "ADB and the Government of Sri Lanka are working together to deliver surplus water from the Mahaweli river basin to its dry zone, where scarce supplies undermine agricultural output and household incomes. The Mahaweli Water Security Investment Program is helping the government complete a decades-old program that is moving water from the country's largest river to its dry zone, made up of North Central Province, Central Province, North Western Province and Eastern Province. The project is building more than 260 kilometers of new and upgraded canals, reservoirs, and other irrigation infrastructure. It is also helping to conduct studies on improving water management and delivery systems. In addition to providing more irrigation water, the project is delivering clean drinking water to over 350,000 people, resulting in improved community health in areas where chronic kidney diseases are prevalent. The long term goal of the project is to reduce poverty while boosting economic growth and food security."

Investment Description
  • Asian Development Bank (ADB)

Loan 3267-SRI: Mahaweli Water Security Investment Program - Tranche 1
Ordinary capital resources US$ 76.00 million

Loan 3268-SRI: Mahaweli Water Security Investment Program - Tranche 1
Concessional ordinary capital resources / Asian Development Fund US$ 74.00 million

Contact Information

Responsible ADB Officer Gore, Lance W.
Responsible ADB Department South Asia Department
Responsible ADB Division Environment, Natural Resources & Agriculture Division, SARD
Executing Agencies
Ministry of Mahaweli Development & Environment
SECRETARY@ENVIRONMENTMIN.GOV.LK
82, Sampathpaya, Rajamalwatte Road, Battaramulla, Sri Lanka

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main