It is proposed to implement its constructions by dividing its full length to four phases as per the recommendations of the Cabinet Subcommittee on Economic affairs.

 

 

Accordingly, the first phase would be from Kadawatha to Meerigama with a loan assistance from China EXIM Bank. The second phase would be the Meerigama to Kurunegala stretch (with the Ambepussa link) which is to be funded by the Asian Development Bank.

 

 

The stretch from Pothuhera to Kandy which would be the third phase will be funded with a loan assistance from  the Japan International Cooperation Agency and the final and fourth phase of the stretch from Kurunegala to Dambulla would be undertaken by local contractors through funds collected through a local bond issue.

 

 

The proposal, to approve appointment of Procurement Committees, Negotiation Committees, and Loan negotiations by the recommendations of the Cabinet Sub Committee on Economic Affairs, to accelerate the commencement of the above project, was approved by the Cabinet of Ministers.