Cabinet DECISIONS
US $ 500 million Loan facility from China to finance for priority
road projects
* Projects to improve and rehabilitate priority roads islandwide
connecting all electorates are under way.
* China Development Bank Corporation (CDB) has agreed to provide US $
500 million to finance this project
* This will contribute to lower transportation cost and improved the
integration of all parts of the country, thus increasing the economic
activities and productivity and also provide employment opportunities to
the residents.
* On a proposal by the President as the Finance and Planning Minister
Cabinet approval was granted to enter into a Loan Agreement for US $ 500
million with the China Development Bank Corporation to implement the
project.
Rs 1.98 billion ADB assistance to implement the secondary towns and
rural community-based water supply and sanitation project.
* Asian Development Bank (ADB) has agreed to provide an additional
loan of US $ 17.6 million to implement the Muttur Water Supply Scheme
under the on-going Secondary Town and Rural Community Based Water Supply
Sanitation Project.
* The proposed additional financing will ensure successful completion
of the project benefiting about 50,000 people in the project area.
* A proposal by the President to enter into a loan agreements with
the ADB was approved by the Cabinet.
Emergency financial assistance of US $ 38 million from IDA for the
community livelihoods in conflict affected areas
* On a proposal made by the President, Cabinet approval was granted
to conduct negotiations with the International Development Association
(IDA) of the World Bank to enter into an agreement to obtain a loan of
US $ 38 million as additional financial assistance for the ongoing
community livelihood development in the conflict affected areas.
* This is to support emergency rehabilitation and restoration of
agricultural roads, tanks, minor irrigation schemes and canals that were
affected due to recent floods
* This credit facility of the IDA is interest free and the project is
scheduled to be completed in 2013.
Japan grants Rs 468 million for food security project for low income
farmers
* The Japanese Government has agreed to provide a grant of Japanese
Yen 360 million to purchase agricultural machinery and equipment for the
use by low income farmers in the country.
* 820 units of two wheel tractors and 50 units of four wheel tractors
will he provided under this grant thereby to assist food production
program.
* On a proposal made by the President, Cabinet approval was granted
to sign the exchange of notes with the Japanese Government and to enter
into a Grant Agreement with JICA.
Rs 1,891 million JICA assistance for Vavuniya-Kilinochchi
Transmission Line Project
* A project to reinforce the transmission network in the northern
area by constructing 132 KV transmission line from Vavuniya to
Kilinochchi and the Grid Substation at Kilinochchi is under way.
* The Japanese Government has agreed to provide a loan of Japanese
Yen 1,422 million through the Japan International Cooperation Agency as
additional financing for the project.
* Completion of this project will ensure reliable, adequate and
efficient electricity supply to consumers in the Northern Province.
* The proposal made by the President to enter into a Loan Agreement
with JICA was approved by the Cabinet.
Establishment of Janasevana National Housing Secretariat to maintain
a proper and updated database regarding housing
* On a proposal by Construction, Engineering Services, Housing and
Common Amenities Minister Wimal Weerawansa, Cabinet approval was granted
to establish Janasevana National Housing Secretariat.
* This Secretariat will act as a Centre that connect the housing
market to provide information for all those in need of houses, for
housing property developers, contractors and capital providers.
* This institution will gather information on housing programs
implemented by institutions and individuals in Sri Lanka.
Conservation of Digavapi Chaitya at Rs 77 million
* On a proposal by National Heritage Minister Jagath Balasuriya
Cabinet approval was granted to commence restoration of the Digavapi
Chaitya and other related renovation work in the area in the Ampara
district.
* The estimated cost of the first stage of the project will be Rs 77
million. Bank of Ceylon has agreed to donate Rs 37.0 million for this
project under its Corporate Social Responsibility.
Completion of Stage II of the Sinhapura Housing Project at
Wanathamulla, Colombo 8
* This housing project consists of 120 Housing Units and under Stage
I of the project, three buildings consisting of 60 housing units were
completed and they were allocated to the public in 2007
* On a proposal by Construction, Engineering Services, Housing and
Common Amenities Minister Wimal Weerawansa Cabinet approval was granted
to entrust the completion of Stage II of the project to the State
Engineering Corporation at a cost of Rs 150.27 million
* 46 families who have been ejected from No 187 estate at Torrington
Mawatha, Colombo 7 will be accommodated here and the land used by them
at Torrington worth Rs 282 million will be used for other urban
development activities
South Asia Conference on Sanitation, April 4 to 8 in Colombo
* This is a regional collaboration of eight South Asian countries
comprising India, Sri Lanka, Bangladesh, Bhutan, Nepal, the Maldives,
Afghanistan and Pakistan, formed with the objective of addressing the
sanitation facilities in the region.
* This is held every two years on a rotation basis in a selected
member country. This will be held in Sri Lanka and the five day event
will be inaugurated by the President.
* Cabinet approval was granted to host this conference in Colombo
from April 4 to 8 on a proposal by Water Supply and Drainage Minister
Dinesh Gunawardena
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