Press briefing of Cabinet Decision taken on 2012-09-12

Construction of a 350 meter High Multifunctional TV and Telecommunication Tower with a Leisure Park in Colombo

- the Export Import (EXIM) Bank of China has agreed to provide a loan of US $88,655,000 to finance 85% of the cost of the above project. The proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, to proceed with the activities pertaining to the above loan, was approved by the Cabinet.