Sri Lanka and ADB

In the Spotlight

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.
ADB $100 Million Additional Funding to Enhance Skills for Jobs

ADB's Board of Directors has approved a $100 million loan as additional financing for Sri Lanka’s efforts to develop skills to meet labor demands, support economic diversification, and enhance productivity.
ADB Provides Additional Funds to Support SME Development in Sri Lanka

The ADB Board of Directors has approved $75 million in additional financing to continue support toward the development of small and medium-sized enterprises (SMEs), considered vital for economic growth and job creation in Sri Lanka.
Sri Lanka: Building on Success

This country brief highlights that ADB continues to support Sri Lanka in new areas such as private sector development, knowledge solutions, and development of advanced infrastructure as the country transforms into an upper-middle-income country.

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 29 Oct 2018

Energy Technology Innovation in South Asia: Implications for Gender Equality and Social Inclusion
This working paper addresses how energy systems and services in South Asia can improve women’s economic empowerment and well-being.
Publication 24 Oct 2018

Tariff Appraisal Study: Balancing Sustainability and Efficiency with Inclusive Access
This study examines electricity tariffs across South Asia to identify how well they are targeted to support inclusive economic growth.
News from Country Offices 24 Oct 2018

ADB Provides $50 Million to Enhance Sri Lanka's Health System
ADB's Board of Directors has approved a grant and loan package totaling $50 million to support the development of a more responsive and efficient primary health care system in four underserved Sri Lankan provinces.