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Press briefing of Cabinet Decision taken on 2012-02-22
Financial Assistance for the Construction of Veyangoda Railway Crossing Flyover
- Veyangoda is a major town in the Gampaha District and it provides access to the Katunayake International Airport and the Free Trade Zone. The main railway lines to the upcountry as well as to the Northern and Eastern Provinces pass through Veyangoda. Cabinet approval has already been granted for the construction of a flyover at Veyangoda, to overcome the traffic congestion due to the closing of rail gates at frequent intervals. The proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, to enter into loan agreements with a Bank in Spain for financial assistance for the purpose, was approved by the Cabinet.