Lankapage Logo Recent Top Stories
CP 13 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to get Rs. 42.5 billion loan from Japan to expand Bandaranaike International Airport
Thu, Jan 3, 2013, 11:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 03, Colombo: Sri Lanka has signed a Rs. 42.5 billion loan agreement with Japan to expand the country's only international airport at Katunayake.

Airport and Aviation Services (Sri Lanka) Ltd. and Japan International Co-operation Agency (JICA) have signed the loan agreement for Japanese Yen 29 billion to finance the expansion of the Bandaranaike International Airport and future developments.

The cabinet has granted its approval for the project, which is expected to be completed by the end of 20 15, to proceed.

Under the Development Project Phase II Stage 2 work will be carried out to expand the terminal building, Aircraft Parking Apron, and Public Utilities.

The Cabinet has also granted approval for Minister of Civil Aviation Priyankara Jayaratne, to seek additional financial assistance from abroad for the Hambantota International Airport Development Project at Mattala.

Construction of Hambantota Airport Development Project is nearing completion. Both Cargo and Passenger Terminals have been expanded and facilities have been added to the Terminal and Airport Infrastructure, the government said.

The national carrier SriLankan Airlines has proposed to establish a Maintenance, Repair and Overhauling (MRO) facility at the Mattala airport to cater to the Asian Region, including the Indian Market

The government says the proposed improvements will increase employment opportunities for the local population and also stimulate economic development in the southern region.


ColomboPage - Recent 10 Stories
Indian police probe international kidney racket linked to Sri Lanka
-- [32 minutes ago]
UN support to Sri Lanka disaster relief as death toll from floods and landslides reaches 122
-- [1 hour and 46 minutes ago]
Sri Lanka Navy chief reviews Indian Naval Academy passing out parade
Government allocates Rs. 150 million for immediate relief measures
Update: Death toll from adverse weather in Sri Lanka rises to 113, over 493,000 displaced
President discuses immediate steps for necessary relief measures to disaster-hit people
US to send emergency assistance to Sri Lanka for flood relief
Pakistan to send relief assistance for Sri Lanka
Indian Naval Ship Kirch arrives in Sri Lanka with relief assistance for people displaced by floods
Death toll from floods and landslides in Sri Lanka rises to 100, another 99 missing

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.