25 October 2017 10:12 am
Saudi Fund for Development (SFD) has granted two concessional loans worth US $ 73 million to Sri Lanka for higher education and water resource management sectors, a Finance Ministry communiqué said.
The project plans to undertake activities such as construction of Kaluganga Reservoir, increase the capacity of Janaranjana Wewa, and augmentation of minor/medium tanks with the development of irrigation canal system in order to provide water to Kinniya and Kanthale Divisional Secretariat Divisions in Trincomalee district and Madirigiriya in Polonnaruwa district for irrigation.