You are here
Home > The Ancient Times > India to discuss Lanka airport joint venture

India to discuss Lanka airport joint venture

COLOMBO: An Indian delegation is in Colombo to discuss a possible joint venture to operate the loss-making Mattala international airport in southern Sri Lanka, the Sirisena government said on Wednesday.

Sri Lankan deputy minister of transport Ashok Abeysinghe stated this in parliament while answering an opposition query on whether the Mattala airport would be sold outright.

Abeysinghe said India has expressed willingness to operate the airport as a Sri Lanka-India joint venture.

“Despite making losses the airport would never be sold,” he said.

Mattala airport, named after former president Mahinda Rajapaksa, was a China-supported infrastructure project in his home district of Hambantota.

The $210 million facility is dubbed the world’s emptiest airport due to a lack of flights. The only international flight operating from there was halted in May due to recurrent losses and flight safety issues.

The government in 2017 invited investors to turn the airport into a profit-sharing joint venture. However no proposals were received to operate, manage and maintain the airport.

The seaport built in Hambantota, another Rajapaksa pet project, has been leased to China to set off Chinese loans as equity.

The Rajapaksa-led opposition has called the Hambantota seaport deal a sell out of national assets to China.

Advertisements
The Ancient Times
Because we’re journalists, we’re impatient. We want to gather the news as quickly as possible, using any technological resource available. And when we’re as sure of the story as we can be, we want to share it immediately, in whatever way reaches the most people. The Internet didn’t plant these ideas in our heads. We’ve always been this way.
https://theancienttimes.news/

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top
%d bloggers like this: