Press briefing of Cabinet Decision taken on 2012-10-03

Bunkering facility and Tank Farm Project Hambantota - Increase of Estimated Total Contract Price

- the proposal made by H.E. the President, in his capacity as the Minister of Ports and Highways, for the Sri Lanka Ports Authority to enter into a loan agreement with the Bank of Ceylon for a sum of US $20,879,037.00, to meet the additional cost involved due to the addition of the second oil jetty to the scope of the work and also for the provision of other related facilities, was approved by the Cabinet.