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Sunday, 27 May 2012

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Kolonna -Balangoda water supply project:

Funding from People's Bank

The Kolonna Water Supply Project will provide safe drinking water for the Kolonna town and its suburbs (Aereporuwa, Kolonna, Maduwawnela, Nandanagama, Kella, Ambagahayaya, Pupulketiya, Hambeli-Ara,Walakada) and will extend up to Udagama junction.

This project will provide water to the areas around Embilipitiya such as Sudugala, Jadura, Walalgoda, Mul Aediyawela, Panamura and Koonkatuwa.

The Balangoda project will provide safe drinking water to an estimated 62,500 people in the Balangoda township and the suburban area in the Samanalawewa hydraulic plant project surroundings.

The renovation project will increase capacity to 9500 cu.m./day from 3000 cu.m. per day. The funding for the implementation of the Kolonna and Balangoda Water Supply Project is Euro 21.3m.

The Belgium Soft Loan Assistance was available for Euro 10.5m. The balance funding had been an obstacle. The People’s Bank provided a specially structured loan to bridge the funding gap.

"The cooperation extended by the People's Bank for the project has made it possible for us to provide safe drinking water for people in the Kolonna and Balangoda areas and support the social and economic development program launched by the Government.

 

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