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Sri Lanka Equity Forum » Stock Market Talk » Mattala Airport to be leased to Indian company ----GREAT.... Srilankan Airline is the only problem ...no one is willing to take

Mattala Airport to be leased to Indian company ----GREAT.... Srilankan Airline is the only problem ...no one is willing to take

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kcrRanz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
http://www.dailymirror.lk/134463/Mattala-Airport-to-be-leased-to-Indian-compant?utm_source=dlvr.it&utm_medium=facebook


Soon after the agreement to lease the Hambantota Port to a Chinese company, the government yesterday sought Cabinet approval for a 40-year lease of the Mattala International Airport to an Indian company.
The Cabinet paper was presented by Transport and Civil Aviation Minister Nimal Siripala de Silva.
An Indian company had made a bid to develop the airport which built under the previous regime with financial assistance from China.
The airport and the harbour are in close proximity to each other. (Kelum Bandara)

Teller

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Its a peanut amount. Only 220 millionUs dollars for 40 years. In between Sri Lankan government has to invest 88 Million US dollars ,as per the agreement. Another burden..

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