The Moragahakanda project is regarded as the biggest multi-functional irrigation project in Sri Lanka.

The Moragahakanda Kaluganga Development Project, which is to improve irrigation facilities to existing water scarce farmlands (82,000ha) and most importantly, open up new land (5000ha) for agriculture development in Northern, North Central, Eastern and North Western provinces.

The Project will generate 25MW hydro-power to the national grid. Increasing inland fish production, provision of potable and industrial water requirements, Eco tourism and effective flood control are the other targets of the project.

Subsequent to that, the President made an inspection tour to look into the construction progress of the Moragahakanda and Kalu Ganga multipurpose project.