Sri Lanka leases white elephant airport built with Chinese loans

The small airport near a wildlife sanctuary on the southern coast opened in 2013 but was immediately plagued by problems, and has been a running sore on state coffers since. Government spokesman Bandula Gunawardana told reporters that cabinet had awarded a 30-year lease to a joint venture between India's Shaurya Aeronautics and Russia's Airports of Regions Management Company.

Apr 27, 2024 - 10:30
Apr 27, 2024 - 12:04
Sri Lanka leases white elephant airport built with Chinese loans

The small airport near a wildlife sanctuary on the southern coast opened in 2013 but was immediately plagued by problems, and has been a running sore on state coffers since. Government spokesman Bandula Gunawardana told reporters that cabinet had awarded a 30-year lease to a joint venture between India's Shaurya Aeronautics and Russia's Airports of Regions Management Company.

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