March 28, 2024
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    World Bank funds Sri Lanka Strategic Cities Development project

    August 30, 2016

    The Sri Lanka Strategic Cities Development Project is being supported by the World Bank initially through a $147 million development credit bolstered by $55 in additional financing for improvements in Jaffna for a total of $202 million. The overall project is expected to cost $257.08 million with the rest being funded by the Sri Lankan government.

    In addition to the Bank, the Agence Française de Dévelopement(AFD) and Asian Development Bank (ADB) are also contributing to the national strategic cities program and focus on Anuradhapura and Trincomalee. The Bank is taking a leading role in terms of setting out the overall framework and approach for identifying, planning and development strategic cities investment, and is closely collaborating with AFD in this program. 

    According to the World Bank Sri Lanka’s secondary cities are growing rapidly and have an opportunity to further contribute to the country’s competitiveness while providing a high quality of life for their residents.

    To help realize these goals, the Strategic Cities project is working with partners and supporting Kandy, Galle, and Jaffna to improve their urban services inclusive of traffic management, water supply, connectivity, drainage, tourism planning, as well as improving access to public spaces.

    In these cities, the project is conducted in consultation and coordination with stakeholders through a participatory approach. The project is under implementation and may create temporary inconveniences, but will provide lasting benefits for both residents and visitors, states the World Bank.

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