Press briefing of Cabinet Decision taken on 2016-03-23

Renovation of the road section of A3 Road from Ja-ela to Chilaw Under the Transport Connectivity and Asset Management Project

- The proposal made by the Prime Minister, Hon. Ranil Wickremasinghe, in his capacity as the Minister of National Policies and Economic Affairs, to conduct loan negotiations and to enter into agreement with the International Development Association (IDA) of the World Bank, to borrow a credit of Rs.90.5 million, Special Drawing Rights (US$ million 126.7 approximately) from the IDA of the World Bank for the renovation activities of the road section of A3 Road from Ja-Ela to Chilaw, under the Transport Connectivity and Asset Management Project, was approved by the Cabinet.