Press briefing of Cabinet Decision taken on 2018-03-06

Securing of funds for the implementation of the Giridara Water Supply Project

- The Cabinet has granted approval for the implementation of the Giridara Water Supply Project which has been identified as a priority project by the National Water Supply and Drainage Board (NWS&DB), which has been designed with the objective of addressing the drinking water issues in the Dompe Divisional Secretariat Division covering 18 Grama Niladhari Divisions, at a cost of Rs.513.28 million.



Proposals have been called from local banks to secure the funds necessary for the project and in this respect, it has been decided to obtain the required loan from the People's Bank. Accordingly, the proposal made by Hon. Ranil Wickremasinghe, the Prime Minister in his capacity as the Minister of National Policies and Economic Affairs, to authorize the National Water Supply and Drainage Board to enter into a Loan Agreement with the People's Bank to secure the necessary funds, amounting to Rs.513.28 million for the implementation of the Giridara Water Supply Project, was approved by the Cabinet.