According to ADB, the proposed project is an investment for a $900 millon multi-tranche financing facility (MFF) that seeks to improve access to the road network in Sri Lanka and to support its rural economy and social development. Through the project, 3,400 km of rural access roads will be upgraded to all weather-standard; 340 km of national roads in Eastern, Northern, Uva, and Western provinces will be rehabilitated and maintained; capacity of road agencies will be improved with respect safeguards, road safety, maintenance, research capacity, and road design and construction.
Tranche 3 of this project will finance the slice of projects identified during the appraisal of the MFF using 'time-slice approach'. This approach gives ADB and the government flexibility in funding large scale projects through long-term works and consultant contracts (https://www.adb.org/sites/default/files/linked-documents/46452-002-sd-03.pdf).
This program is in line with ADB's country partnership strategy for Sri Lanka, 2018-2022 (https://www.adb.org/sites/default/files/institutional-document/342216/cps-sri-2018-2022.pdf) which aims to " strengthen the drivers of economic growth and improve the quality of growth". The bank states that the 'Second Integrated Road Investment Program' will achieve its objectives "by establishing fully connected rural development centres with upgraded rural roads, targeting the three economically lagging provinces of Eastern, Northern, and Uva as well as Western Province".
-As of 30 August 2021, physical progress is 50%.
|Responsible ADB Officer||Nanayakkara, Aruna Uddeeptha|
|Responsible ADB Department||South Asia Department|
|Responsible ADB Division||Sri Lanka Resident Mission|
|Executing Agencies||Ministry of Highways
Mr. W. A. Karumasena
8th Floor, Denzil Kobbekaduwa Mawatha,
Battaramulla, Sri Lanka
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.adb.org/forms/request-information-form
ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals
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.