Sri Lanka and ADB

In the Spotlight

Promoting Women’s Entrepreneurship in Sri Lanka

The project, which received a $12.6 million grant in 2018, is helping small and medium-sized enterprises owned or led by women access finance, training, and mentorship opportunities. Learn more
Asian Development Bank and Sri Lanka: Fact Sheet

Since 1966, ADB has been a strong partner in the development of Sri Lanka, signing loans, grants, and technical assistance totaling $9.7 billion, and making ADB the country’s largest source of multilateral development assistance.
Sri Lanka's President Maithripala Sirisena Visits ADB, Discusses Development Challenges

Sri Lanka’s President Mr. Maithripala Sirisena made his first visit to ADB headquarters while conducting a state visit to the Philippines and met with ADB President Mr. Takehiko Nakao.
Rapid Economic Development through Specific Cooperation Projects in Infrastructure and Transportation

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was established to promote free trade within the region, increase cross-border investment and tourism, and promote technical cooperation. Its seven-country membership comprises Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand.

Sri Lanka is entering a new stage of development and, within a few years, will be ready to reach upper-middle-income status. The country’s new government - which was formed following the presidential and general elections in January 2015 and August 2015, respectively - is focused on inclusive growth, good governance, and private sector development.

ADB is aligning its operations in Sri Lanka with the evolving needs of the country and the priorities of the new government.

Sri Lanka is a member of the South Asia Subregional Economic Cooperation (SASEC) program.

Sri Lanka: By the NumbersVisit the Data Library

ADB and Sri LankaFact Sheet

Latest

Publication 03 Oct 2019

Maritime Cooperation in SASEC: South Asia Subregional Economic Cooperation
This report explores how South Asia Subregional Economic Cooperation (SASEC) countries can enhance maritime cooperation to boost international trade.
Publication 26 Sep 2019

Modeling the Russian Federation–Asia and the Pacific Energy Trade
The imposition of sanctions against the Russian Federation since 2014 has stimulated an increase in Russian energy exports to the Asia and Pacific region.
Publication 19 Sep 2019

Asian Development Review: Volume 36, Number 2
This edition focuses on perspectives on structural change, whether the traditional path of moving from agriculture to industry and services still holds, the impact of globalization, and the effect of structural change on labor markets.