The National Water Supply and Drainage Board (NWS&DB), the Colombo Municipal Council (CMC) and the Asian Development Bank (ADB) are jointly organizing a Water Business Fair and invite local and international contractors and consultants, who are interested in undertaking engineering and technical works relating to drinking water, non-revenue water and waste water, to participate in this event.
The government of Sri Lanka is launching an investment program of $400 million to improve water and sanitation in the Greater Colombo area to make water available 24 hours a day by 2020, with a focus on improving services in underserved areas. ADB is providing $300 million in loans to this program which is expected to overhaul the quality, coverage, and management of water and wastewater services. The Greater Colombo Water and Wastewater Management Improvement Investment Program targets a reduction in non revenue water losses from nearly 50 percent in 2012 to about 20 percent by 2020, and seeks to ensure 100 percent sewer network coverage in the Colombo city by 2020.
Under this program, water transmission and distribution pipes, and pumps will be repaired or replaced, high quality meters will be installed, network mapping and leakage controls will be implemented, sewer systems will be rehabilitated and expanded, and two waste water treatment plants will be constructed. The program will also support measures to strengthen the management and operations of the oversight agencies: the NWS&DB and the CMC.
The event will provide information to participants on
- procurement opportunities under the above program and NWS&DB and CMC's other similar upcoming projects;
- networking with industry specialists in the related field;
- showcasing and sharing experience and capabilities of institutions with potential international and local partners; and
- ADB's policies and procedures for procurement.
Advantages of ADB funded Projects: ADB funded projects offer various advantages such as interest free mobilization advances, direct payment to contractors, comprehensive procurement procedures and FIDIC conditions of contract.
Participation is free of charge, but will be limited to a maximum of two participants per company. The proposed participants are encouraged to register early as the capacity is limited. Please refer to the attached Registration Form.
Note: Tables will be provided for participating companies to showcase and distribute promotional handouts, brochures and any other material.