Cabinet Clears Rs. 600 M Badulla Road Upgrade via Surplus Foreign Loan š
ā¢ Infrastructure Development: The Cabinet of Ministers approved Rs. 600 million to rehabilitate a six-kilometre section (km 115 to km 121) of the Badulla-Hali Ela road on the Peradeniya-Badulla-Chenkaladi (A05) highway. The section has been in use for over 15 years and requires safety and durability upgrades. ā¢ Disaster Recovery: The project includes the critical reconstruction of a 1.5-kilometre stretch heavily damaged by Cyclone Ditwah between km 119+620 and km 121+200. ā¢ Funding Strategy: The initiative optimizes national resources by utilizing approximately US$ 2.4 million in surplus loan proceeds. These excess funds were generated from the Ampara-Uhana-Mahaoya Road project, financed by the Saudi Fund for Development (SFD). ā¢ Financing Partners: The overarching Badulla-Chenkaladi Road improvement program is jointly funded by the SFD and the OPEC Fund for International Development (OFID). The proposal for reallocating these surplus funds was presented by Transport and Highways Minister B Bimal Rathnayake.