$ 74 mn Lankan water supply system to US firm



Tetra Tech Inc, a US based firm said it had won a 74 million US dollar contract from Sri Lanka to build a water supply and treatment plant.


The US Export-Import Bank is financing the deal.


Tetra Tech will design and oversee the completion of a new water supply treatment plant, storage tanks, pumping stations, a dam and impoundment reservoir and transmission and distribution pipelines for the city of Badulla and surrounding areas.


It will also rehabilitate two existing plants for Sri Lanka's Water Supply and Drainage Board.


"Tetra Tech is proud to support the government of Sri Lanka in this important effort to bring safe drinking water to thousands of people," Dan Batrack, Tetra Tech's chairman and chief executive officer said in a statement.


"Once in place, the water supply system will help the government of Sri Lanka to realize its objective of providing safe drinking water to 85 percent of the population, in line with the United Nations Millennium Development goals.:


Sri Lanka has been increasingly relying on Exim bank type of finance, especially from China for new infrastructure in recent years.


The US Export-Import Bank has received renewed impetus under Obama administration's export drive.


-LBO


 
 
 
 
 
 
 
 
 
 
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