ADB to assist uplift the rural poor 
[September 29, 2001 - 6:45 GMT] The Asian Development Bank’s Japan Special Fund (ADB) has granted USD 5.5m to Sri Lanka, which will help conduct a study to develop a rural finance system, and thus improve the quality of life in the rural areas. [Full Report]

ADB provides rehabilitation assistance to the N-E
[September 4, 2001 - 11:30 GMT] The Asian Development Bank (ADB) has granted a loan of Rupees 2.5 billion (USD 27.4 million) for the proposed emergency rehabilitation assistance project in the North and East. [Full Report]

Ceylinco, Grameen and UNDP to jointly develop agriculture  [August 13, 2001 - 12:00 GMT]
Ceylinco Grameen Credit Co. Ltd. and United Nations Development Programme [UNDP] in Colombo have entered into a partnership to introduce low cost, agricultural techniques to farmers in Malabe.
[Full Report]

US$ 100m-combined cycle diesel-powered power plant to be set up   [June 16, 2001]
An agreement was signed between AES Kelanitissa Private Limited (AKL), Asian Development Bank (ADB) and ANZ Investment Bank to finance a 163 MW combined cycle diesel power plant at the Kelanitissa Thermal Power Station in Colombo.  [Full Report]

Saudi assistance for hospital projects in Sri Lanka
[June 12, 2001]  Saudi Fund for Development (SFD) will grant a loan of US$ 12 million to build a Neuro Trauma Unit (NTU) at the National Hospital in Colombo.
[Full Report]

Japanese Grant for Road Network in agricultural sector  [30 May 2001] The Japanese Counterpart Grant Aid Fund has approved a sum of US$ 7.6 million to rebuild roads and a new bridge in the North Central and Eastern provinces of the country. [Full Report]

Four major highways and eight fly-overs for Sri Lanka by 2005  [24 May 2001]
Sri Lanka will have four new highways connecting the capital city of Colombo to other major towns by the year 2005. [Full Report]

UDA and private sector to re-develop Colombo
[04 May 2001] The Ministry of Urban Development in association with Reel Exchange (Pvt.) Limited is to re-develop the city of Colombo at a cost 76 billion rupees, Urban Development Minister Mangala Samaraweera said Thursday. [Full Report]

Healthy growth in Sri Lankan Industrial output-Central Bank  [02 May 2001] Sri Lanka's industrial output for year 2000 has grown by 11% compared to 4.5% the previous year. [Full Report]

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Last Updated Date: December 10, 2003.