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Press briefing of Cabinet Decision taken on 2014-10-30
Implementation of Integrated Road Investment Program - Tranche 2

- the Government has planned to implement an investment programme to ensure rural road connectivity with rural hubs and the Asian Development Bank (ADB) has agreed to provide US $800 mn. in 6 tranches for the purpose and the Government investment for the total programme will be US $106 mn. This programme will connect rural hub Grama Niladhari Divisions to the adjacent socio-economic centres in the Southern, Sabaragamuwa, Central, North Central and North Western Provinces and Kalutara District of the Western Province through 5 projects. The projects cover 2548 km of rural access road including local authority and provincial roads and 118 km of national roads. The proposal made by H.E. the President, in his capacity as the Minister of Finance and Planning, to proceed with the activities relating to loan arrangements, was approved by the Cabinet.