Saturday, 13 July 2013

Colombo is on the verge of a rapid development

City of Colombo in future
The Colombo Metropolitan Region to put its development process on a fast track as the region produces almost 50% of GDP and 80% of industry value added in production. The Metro Colombo Urban Development Project (MCUDP) which is jointly financed by the International Bank for Reconstruction and Development of the World Bank and the Government of Sri Lanka was launched seven months ago with the intention of making Colombo Metropolitan area a dynamic and a competitive one.

The total cost of the MCUDP is US $ 223 million. This project will be managed by the Project Management Unit of the Ministry of Defence and Urban Development while implementation responsibilities are handled by three project implementing agencies- Sri Lanka Land Reclamation and Development Corporation (SLLRDC), Urban Development Authority (UDA) and Colombo Municipal Council (CMC). The World Bank funded project is one of the main projects that has been launched with the intention of achieving profound economic transformation through urban development. The broader objectives of the MCUDP are to compliment the present urban regeneration programme of the Government of Sri Lanka to reduce the physical and socio economic impacts of flooding in the Metro Colombo Region and to improve priority local infrastructure and services to enhance urban regeneration.

Speaking on the current status of the project at a meeting held at the World Bank Conference Room, Colombo last Tuesday Senior Urban Specialist of The World Bank, Rosanna Nitti said that the packages procured or under tendering are Town Hall, Walkability, Public Conveniences, Aluth Mawatha Culvert, Galle Road and Duplication Road Rehabilitation and gabion protection for a section of East Beira Lake. When planning the project the changing weather patterns specially rainfall patterns during the last 25 years have been taken into consideration.

The third component consists of implementation support. In fact the objectives of this Considering social safeguards, the project also needs to comply with World Bank Operational Policies in addition to conformity with the Land Acquisition Act and Sri Lanka's National Policy on Involuntary Resettlement of 2001. When preparing the resettlement component social aspects have been taken into full consideration.