COLOMBO, Feb 20 — A Japanese firm was chosen by Colombo today to build a new US$570 million (RM2.3 billion) terminal for Sri Lanka’s main airport, as Tokyo re-emerges as a key infrastructure backer amid a raft of Chinese projects. The cabinet announced the Taisei Corporation was picked to...
COLOMBO, Feb 20 — A Japanese firm was chosen by Colombo today to build a new US$570 million terminal for Sri Lanka’s main airport, as Tokyo re-emerges as a key infrastructure backer amid a raft of Chinese projects.
The decision follows the financing of Colombo’s planned US$1.5-billion light rail system last year by Japan’s overseas development agency — the biggest single foreign investment in the island nation.
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