The government will set up of a dedicated Special Purpose Vehicle to fast track the implementation of the National Flood Management Programme.
The project was announced in the Budget Speech 2021-2022 in order to mitigate flooding problems in various regions across the island in highly vulnerable areas.
These projects comprise mainly cut-off drains on mountainous slopes, major swales and flood attenuation basins in order to evacuate floodwater and protect impacted localities.
The DICL will be granted a budget of Rs 10.4 billion for the construction of modern drainage systems to eliminate water stagnation and risks of flooding.
The DICL has a mandate of three years to complete all identified projects.