COLOMBO (Reuters) - Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island nation attempts to reduce losses from its state enterprises. Ma.
Sri Lanka to hand management of China-built airport to India, Russia companies – Indian Defence Research Wing idrw.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from idrw.org Daily Mail and Mail on Sunday newspapers.
A joint venture between an Indian and a Russian firm has won a 30-year contract to manage Sri Lanka s Mattala Rajapaksa International Airport, located near Hambantota. The airport, once known as the "world s emptiest airport," was built at a cost of $209 million. This marks the second India-Russia joint project in India s neighborhood, following the Roopur nuclear power plant in Bangladesh. The airport s management contract was awarded to the JV of Shaurya Aeronautics (Pvt) Ltd of India and Russia s Airports of Regions Management Company after the Sri Lankan Cabinet called for expressions of interest.
Sri Lanka Hands Management Of $209 Million China-Built Airport To Indian And Russian Companies menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.