2018-02-27

Airport and Aviation Services Will Hand over Mattala Airport Through SLAF to India

The SLAF comes amid moves to hand over the 800-hectare Mattala Airport to the Airport and Aviation Authority to be operated as a joint venture with India. Of this extent of land, three hectares will be given to the Ceylon Petroleum Corporation (CPC) for storing of jet fuel and the SLAF is seeking 90 hectares for national security purposes.
The senior official said the SLAF request would not affect the joint venture with India. “The security of the country has to be ensured and hence it is logical to hand over a section of the land to the SLAF,” he added. The official said the SLAF’s access to the runway would not affect civil airline operation as the strip to be allocated to the SLAF will be from another direction like in Katunayaka.
The proposed joint venture with India is valued at US$ 2.03 billion for 40 years, with the option to extend it. In terms of the deal, the Indian Aviation will have 70 percent stake of the airport company and Sri Lanka Aviation 30 percent.

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