Sri Lanka to invest $150m in water sector

By Vision Reporter

The Sri Lanka government has earmarked $150m to provide safe water to the people of western Uganda. M/s VATech Wabag, one of the top five leading water solutions providers in the world, recently sent a three-man delegation from its Sri Lanka unit to explore Uganda’s potential in the water sector.

The firm has offices in over 33 countries across the world and over 90 years of experience in providing water solutions and  inancing options. The move followed President Yoweri Museveni’s visit to Sri Lanka last year, where he was impressed with the country’s advanced state of water treatment and distribution and requested assistance from technologically competent companies
to provide similar sustainable solutions in Uganda.

Meeting the President at State House Entebbe, Taher Jafferjee, Arvind Dullu and Zahid Jafferjee expressed their desire and  eagerness to provide safe water to Ugandans. The meeting was attended by the water minister, the National Water and Sewerage Cooperation managing director, Eng. Alex Gisagara and the Consul General of Sri Lanka, Kana V Kananathan.

Last November Museveni was in Sri Lanka on three day state visit. During his sojourn there he assured the government that Uganda needed investors with real money.