Press briefing of Cabinet Decision taken on 2012-10-31

Rehabilitation of 26.65 km. of Thoppuwa-Dankotuwa-Nattandiya-Madampe Road with Financial Assistance from Hatton National Bank under rehabilitation of Priority Roads with Financial Assistance from Local Banks

- the proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, to permit the Road Development Authority to enter into a loan agreement with the Hatton National Bank to borrow a loan of Rs.2,060,849,267.84 for the above project and for the General Treasury to issue Treasury Guarantees for same, was approved by the Cabinet.