Written by Staff Writer
29 Sep, 2015 | 8:41 pm
The World Bank, in a new report released in Colombo on Tuesday, unveiled new data which shows that a higher proportion of Sri Lankans live under, what it defines as, urban areas, than previously thought.
Senior Director at the World Bank Ede Ijjasz-Vasquez gave New1st exclusive insights into the report.
Senior Director of the World Bank Group Ede Ijjasz-Vasquez stated that they have analysed the urbanisation trends for the South Asian region as they have launched the report in Colombo
He went on to note that what they observe in Sri Lanka, compared to other countries in the region is that, when we look at night light data from the satellites, there is a much larger population that lives in urban areas than had been expected.
He added that therefore, almost 47% of the population live in areas that they would call urban. Secondly, they see a lot less slums and a lot less poverty in urban areas in Sri Lanka compared to other countries, which means cities have been an important part of the economic development of the country.
He further noted that the there is a tremendous growth in connectivity between cities in Sri Lanka, in the Colombo metropolitan area and the Western region, which gives a new opportunity for more economic development but also for sharing the prosperity among the region.
In addition to this, he stated that the decisions made today have an impact not only for five to ten years but for generations to come.
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