Cabinet nod for Rs. 15 b loan from China

Thursday, 7 May 2020 00:00 - - {{hitsCtrl.values.hits}}

China Development Bank to lend funds to develop 105 km of road

Cabinet has given approval for the Government of Sri Lanka to borrow Rs. 15 billion from China Development Bank to develop 105 kilometres of roads.

Cabinet co-spokesman Ramesh Pathirana yesterday told reporters that approval had been given to raise to money to develop ten roads in different parts of the country.

Accordingly, the Akuressa-Kamburupitiya road, Beliatta-Kirinde stretch of road, Tangalle-Weeraketiya road, Wallasmulla-Weeraketiya road, Kotuwana-Uru Bokka road, and Parandeniya-Hakmana road were among those selected.