The Manila based bank, which funded economic development and poverty alleviation projects worth US$ 2.7 bn during its 34 years stint in Sri Lanka, has already launched a North East Community Restoration and Development Project.
rnrnNew projects for community development and water supply in the East are also in the pipeline, said ADB President Tadao Chino at a ceremonial gathering to mark the opening of its new residential mission in Colombo today.
rnrnHe added that the bank would provide assistance in the government
quote s critical planning process to rehabilitate the war-torn North and East.
rnrnAs the peace process develops, ADB would assess the feasibility of a larger rehabilitation project, Chino said.
rnrnldblquote The government has shown a strong commitment to initiate reforms to position Sri Lanka for sustained development after peace has been restored. I commend the government for these important achievements
dblquote , he said.
rnrnPast development efforts of the government, ADB and other