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

Countries
  • Sri Lanka
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 2, 2015
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Sri Lanka
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 2, 2020

Disclosed by Bank Jul 25, 2016

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed 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
Here you can find a list of individual development financial institutions that finance the project.

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
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

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

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