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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2898

World Bank fund to improve the ageing dam network in Sri Lanka

Colombo, 29 May, (Asiantribune.com): World Bank has granted US $ 65.33 million for a project to improve dam safety and operational efficiency of the ageing dam network in Sri Lanka.
According to a World Bank release Sri Lanka depends on 350 medium and large dams to serve the critical energy, human and environmental needs of the country.

The wide irrigation and water resources systems set up centuries ago have contributed significantly to the country’s economic growth and sustained human settlements, particularly in rural areas. In addition they provide flood control in the river basins. However, these dams are ageing, which makes dam safety a critical issue.

Therefore, it is learnt that the funds provided by the World Bank would be utiilized to upgrade and modernize the existing hydro meteorological information systems and to provide technical support for management and monitoring the project.

Sri Lankan government will fund the balance contribution of US $ 6.33 million for the project which costs a total of US $ 71.66 million.

- Asian Tribune -

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