Cabinet approves to construct four new flyovers
The Cabinet of Ministers has approved to construct four flyovers in Hiripitiya, Pasyala, Negombo and Thalawathugoda junctions.
Constructing flyovers under the agreement frame entered between the Hungarian government and the Sri Lankan government for the finance corporation. Sri Lanka and Hungaria have entered into a finance corporation agreement to provide concessionary finance facilities through the Exim Bank, Hungaria for implementing infrastructure development projects in the country.
Additional to the said project, the Road Development Authority has identified the necessity of implementing projects in order to provide solutions for the traffic consignation in Muththettugala railway Cross Road and Hiripitiya junction ,Pasyala junction, Negombo Maristella junction and Thalawathugoda junction of the national road network.
(Source: Daily News)
Latest Headlines in Sri Lanka
- IMF backs Sri Lanka’s plan to boost revenue with vehicle imports November 25, 2024
- Bus collision in Watawala injures four amid adverse weather November 25, 2024
- Senior Professor Rathnayake appointed to restore order at University of Ruhuna November 24, 2024
- Sri Lankan fishing vessel seized with massive drug haul in Maldives November 24, 2024
- Audit reveals misuse of electric vehicle permits for migrant workers in Sri Lanka November 23, 2024
What a joke,
The Hungarians will collect the toll and take it back to their land.