More

    Sri Lanka Set to Implement PPP in Water Supply

    GovernanceFinance and EconomySri Lanka Set to Implement PPP in Water Supply
    - Advertisment -

    Sri Lanka Set to Implement PPP in Water Supply

    The minister said that a water tariff formula has been formulated and will be submitted to the cabinet, parliament and COPE committee.

    A public private partnership model will set the path for Sri Lanka’s water sector, the island nation’s minister of water supply, Jeevan Thondaman informed at a press conference. The new modality will specifically focus on rural water supply, he said.

    “Not privatization, but public private partnerships,” Thondaman said at a press conference. “When we enhance private sector participation, we create a more competitive industry with better quality and cheaper prices.”

    He said that a water tariff formula has been formulated and will be submitted to the cabinet, parliament and COPE committee, he said.

    This follows discussions with the Japan International Cooperation Agency (JICA) and the Asian Development Bank (ADB).

    - Advertisement -

    “Once this is in place, we will be able to attract investors to come on board,” the minister said. “The water sector till now has not had a PPP model – we want to bring in private public sector partnerships in rural communities’ water supply. We believe they will be able to work hand in hand with community-based organizations to provide water to those who need it.”

    The minister gave examples of top-down approaches that were making the water supply system dysfunctional.

    “I can give you one example, when you look at the water bottle that is being manufactured by the Water Board, you will see it’s from the Hanthana Estate; but people in Hanthana Estate still don’t have drinking water. There has been a top to bottom approach. Now we want to go rural first.” Most projects in the water sector had stalled post-crisis, Thondaman said, and the priority now was to resume them before attracting further investment into the sector.

    - Advertisement -

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest news

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.

    Government Extends Interest Relief for Farmers, Reinforces KCC and MISS as Pillars of Agricultural Credit

    Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

    Legal Battle Brews Over Rampant Illegal Sand Mining in Meghna River

    The massive profits coupled with a weak legal framework have drawn influential individuals with political connections into the sand mining business, making it dangerous for environmental activists and journalists to speak out.
    - Advertisement -

    Yunus Warns of ‘War-Like Situation’ Amid Political Crisis and Rising Tensions

    The high-stakes meeting brought together 20 leaders from various political parties and organisations in two separate sessions, as Yunus sought to shore up support amid reports of internal tensions within his interim government and growing external pressure.

    Vice President Calls for Direct Subsidies and Agri-Entrepreneurship at Madhya Pradesh Conclave

    He urged agro-based industries, NGOs, MPs, and MLAs to adopt villages and help build agri-entrepreneurial ecosystems.

    Must read

    Sri Lanka’s Elephant Corridor Plan ‘Unscientific’

    Nearly 5,000 elephants and 1,600 people have been killed in the last 15 years in clashes between elephants and humans in Sri Lanka, home to one of the largest remaining populations of Asian elephants, according to official figures.

    New Projections Show Extreme Glacier Loss Already at 2°C

    Staying close to 1.5°C on the other hand preserves at least some glacier ice in all regions, even Scandinavia, with 20-30 per cent remaining in the four most sensitive regions; and 40-45 per cent in the Himalayas and Caucuses; stressing the growing urgency of the 1.5°C temperature goal and rapid decarbonization to achieve it.
    - Advertisement -

    More from the sectionRELATED
    Recommended to you