Wednesday, July 04, 2018

Sri Lanka seeks joint venture with India to salvage Mattala airport

Sri Lanka is seeking a joint venture with India to salvage the white-elephant Mattala international airport, a month after the last remaining airline pulled out of the jinxed facility.

Deputy Transport minister Asoka Abeysinghe told parliament Wednesday that the government was in talks with India to create a joint venture to manage the Chinese-funded airport built and named after former president Mahinda Rajapaksa.

"We are holding discussions this week on forming a joint venture between the two governments," the minister told parliament. "We have no intention of selling it."
04/07/18 Economy Next