Japanese firm lands US$570 mil Sri Lanka airport contract

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Japanese firm lands US$570 mil Sri Lanka airport contract
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New terminal is expected to double the Colombo airport's capacity to around 20 mil passengers a year. FMTNews Japanese

New terminal is expected to double the Colombo airport’s capacity to around 20 mil passengers a year.

The cabinet announced the Taisei Corporation was picked to develop the Japanese-funded project, with the new terminal expected to double capacity at Bandaranaike International airport to around 20 million passengers a year. During the presidency of Mahinda Rajapaksa, who was recently appointed prime minister, Sri Lanka secured almost US$7 billion in loans from China, dislodging Japan as the island’s main infrastructure funder.

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