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Sri Lanka: Reduction of Landslide Vulnerability by Mitigation Measures (RLVMM) Project

SUMMARY

STATUS
Approved
MEMBER
Sri Lanka
SECTOR
Other
E&S CATEGORY
Category B
PROJECT NUMBER
000124

FINANCING

PROJECT TYPE
Stand-alone
APPROVED FUNDING
USD80 million
FINANCING TYPE
Sovereign

TIMELINE

CONCEPT REVIEW
June 18, 2018
APPRAISAL REVIEW/FINAL REVIEW
January 29, 2019
FINANCING APPROVAL
April 4, 2019
LOAN CLOSING/LAST DISBURSEMENT
December 2023

OBJECTIVE

The objective is to reduce risk and damage from landslides through the implementation of mitigation measures and enhancement of policy and regulation associated with landslide management.

DESCRIPTION

The project has three main components:

- Implementation of mitigation measures, including civil works and associated designs and construction
supervision/management;

- Enhancement of policy, standards and institutional capacity;

- Provision of essential facilities and laboratory equipment.

PROJECT FINANCING

For more information about project financing, please review the project summary.

ENVIRONMENTAL AND SOCIAL INFORMATION

AIIB’s Environmental and Social Policy (ESP), including the Environment and Social Standards (ESSs), applies to the proposed project. In accordance with the ESP, the project has been classified as Category B, considering that: (i) the general environmental and social impacts of the landslide mitigation works are localized, and the impacts are not irreversible; (ii) there are mature engineering technologies for mitigation and protection; (iii) there is solid in-house expertise and management capacity for environmental and social issues in the National Building Research Organization (NBRO); and (iv) NBRO has experience working on similar projects funded by the national government and other MDBs.

Please review the project summary for additional information.

PROJECT TEAM LEADER

Anzheng Wei

Investment Officer

awei@aiib.org

 

BORROWER

Madara Sevwandi De Silva

Director
External Resources Department
Ministry of National Policies and Economic Affairs
The Democratic Socialist Republic of Sri Lanka

Madara@erd.gov.lk

 

IMPLEMENTING ENTITY

Asiri Karunawardena

Director General, National Building Research Organization

asiri13@hotmail.com

 

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