  
The Government of Japan has approved a grant of Rs. 4.5 billion to Sri Lanka to finance comprehensive flood mitigation projects in Wattala and Peliyagoda.
The dedicated financial assistance focuses on addressing recurring waterlogging and drainage issues in both areas through structured flood prevention infrastructure, minimizing future inundation risks for local residents and commercial zones.
Key Developments
- Financial Commitment: A grant allocation of Rs. 4.5 billion provided by Japan.
- Targeted Regions: Direct implementation across Wattala and Peliyagoda.
- Core Purpose: Developing long-term flood mitigation and drainage solutions.
The bilateral funding initiative supports Sri Lanka’s domestic disaster preparedness and infrastructure resilience in high-risk flood zones.