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Press briefing of Cabinet Decision taken on 2012-03-21
Road Sector Assistance Project Funded by the World Bank - Rehabilitation and Improvements to the Ingiriya - Ratnapura Road
- the Government has received two separate loans for a total amount of US $198.1 million from the International Development Association (IDA) towards the cost of technical assistance and investment in the Road Sector. It has been found necessary to effect the following changes to the scope of work during the implementation of the contract:

* increase the width of the carriage way from 5.0 m to 6.5 m.; and,
* rehabilitation of additional 1.6 Km. of road in Ratnapura town.

The proposal made by H.E. the President in his capacity as the Minister of Ports and Highways to increase the contract price and also to use funds from the Consolidated Fund to pay the additional amount required over and above the amount approved by the World Bank to settle the increase in the contract price, was approved by the Cabinet.