The development objective of the Metro Colombo Urban Development Project for Sri Lanka is to support the Borrower to (i) reduce flooding in the catchment of the Colombo Water Basin, and (ii) strengthen the capacity of local authorities in the Colombo Metropolitan Area (CMA) to rehabilitate, improve and maintain local infrastructure and services through selected demonstration investments. There are three components to the project. The first component of the project is flood and drainage management. This supports priority improvements to flood and drainage management infrastructure in the Colombo Water Basin, development of an integrated flood management system (IFMS), and complementary interventions to improve environment and public facilities along the water bodies. The second component of the project is urban development, infrastructure rehabilitation and capacity building for Metro Colombo local authorities. This component aims to strengthen strategic planning processes at the metropolitan level, and support local authorities in the Colombo Metropolitan Area to rehabilitate and manage streets and drainage infrastructure, and improve local public facilities and other urban services. The third component of the project is implementation support. This component provides support to implementation agencies in areas such as project management, monitoring and evaluation (M&E), procurement, financial management, and environmental and social safeguards; construction supervision; communications and public awareness; and operating costs and equipments needed by the Project Management Unit (PMU), Project Implementation Agencies and Project Local Authorities.