https://sputniknews.in/20240426/sri-lankas-international-airport-to-be-run-by-indian--russian-private-firms-7222245.html
Sri Lanka’s International Airport to be Run by Indian & Russian Private Firms
Sri Lanka’s International Airport to be Run by Indian & Russian Private Firms
Sputnik India
This move comes as a part of Sri Lanka's efforts to revitalize the airport, which has been underutilized and faced challenges in attracting regular air traffic since its construction in 2013.
2024-04-26T15:37+0530
2024-04-26T15:37+0530
2024-04-26T16:05+0530
business & economy
india
russia
sri lanka
joint indo-russian venture
indian economy
russian economy
business
https://cdn1.img.sputniknews.in/img/07e8/04/1a/7223883_0:156:3000:1844_1920x0_80_0_0_a452bf5984b4951cd8c27da2a62a1d65.jpg
Sri Lanka's Cabinet Ministers have approved the proposal to transfer the management of the Mattala Rajapaksa International Airport to private companies from Russia and India, a report by EconomyNext said.The cabinet spokesperson, Bandula Gunawardena, announced on Friday that a total of five companies had submitted Expressions of Interest.After careful consideration, the cabinet unanimously approved the decision to award the contract to the Russia-India joint venture on a 30-year contract.Shaurya Aeronautics Pvt Ltd of India and Airports of Regions Management Company of Russia are set to take over the management of a China-built airport that has faced challenges in attracting regular air traffic.Despite offering various concessions to international airlines, such as discounts on landing and parking charges, the airport struggled to gain significant traffic.The involvement of Indian and Russian private firms is expected to bring much-needed expertise and investment to enhance the airport's operations and attract more international flights.
https://sputniknews.in/20240419/russia-hands-over-equipment-for-modernisation-of-airports-to-india-7177431.html
india
russia
sri lanka
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2024
Sangeeta Yadav
https://cdn1.img.sputniknews.in/img/07e6/0c/0f/110602_0:0:641:640_100x100_80_0_0_c298016a79eb02ef8caa9d1f688c12a5.jpg
Sangeeta Yadav
https://cdn1.img.sputniknews.in/img/07e6/0c/0f/110602_0:0:641:640_100x100_80_0_0_c298016a79eb02ef8caa9d1f688c12a5.jpg
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sangeeta Yadav
https://cdn1.img.sputniknews.in/img/07e6/0c/0f/110602_0:0:641:640_100x100_80_0_0_c298016a79eb02ef8caa9d1f688c12a5.jpg
sri lanka, mattala rajapaksa international airport, indian, russian private firms, air traffic, cabinet ministers, proposal, cabinet spokesperson, bandula gunawardena, expressions of interest, russia-india joint venture, shaurya aeronautics pvt ltd, airports of regions management company, china-built airport, concessions, international airlines, airport's operations, international flights
sri lanka, mattala rajapaksa international airport, indian, russian private firms, air traffic, cabinet ministers, proposal, cabinet spokesperson, bandula gunawardena, expressions of interest, russia-india joint venture, shaurya aeronautics pvt ltd, airports of regions management company, china-built airport, concessions, international airlines, airport's operations, international flights
Sri Lanka’s International Airport to be Run by Indian & Russian Private Firms
15:37 26.04.2024 (Updated: 16:05 26.04.2024) This move comes as a part of Sri Lanka's efforts to revitalize the airport, which has been underutilized and faced challenges in attracting regular air traffic since its construction in 2013.
Sri Lanka's Cabinet Ministers have approved the proposal to transfer the management of the Mattala Rajapaksa International Airport to private companies from Russia and India, a report by EconomyNext said.
The cabinet spokesperson, Bandula Gunawardena, announced on Friday that a total of five companies had submitted Expressions of Interest.
After careful consideration, the cabinet unanimously approved the decision to award the contract to the
Russia-India joint venture on a 30-year contract.
Shaurya Aeronautics Pvt Ltd of India and Airports of Regions Management Company of Russia are set to take over the management of a
China-built airport that has faced challenges in attracting regular air traffic.
Despite offering various concessions to international airlines, such as discounts on landing and parking charges, the airport struggled to gain significant traffic.
The involvement of
Indian and Russian private firms is expected to bring much-needed expertise and investment to enhance the airport's operations and attract more international flights.
