Sri Lanka and ADB
In the Spotlight
In Sri Lanka, efforts need to be made to promote science, technology, engineering and mathematics (STEM) education for girls to support their employment potential.
乐动体育注册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.
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.
乐动体育注册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乐动体育注册 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.
Projects in Sri Lanka
- Strengthening Regional Cooperation and Knowledge Sharing on the Application of Technology in Financial Services
- Developing Innovative Community-Based Long-Term Care Systems and Services
- 2020 International Comparison Program for Asia and the Pacific
- Supporting Tourism Resilience
- Improving Safeguard Implementation in South Asia