Proposal to privatize Mattala Airport operations to Cabinet next week

COLOMBO (News 1st); The Ministry of Ports, Shipping and Aviation said the proposal to transfer the operations of the Mattala International Airport to two private companies will be directed to the Cabinet next week.

Ministry Secretary K. D. S. Ruwanchandra said a Russian and Indian company are due to carry out its operations jointly.

He added that an agreement was reached following several successful discussions with the management of the two companies.

Accordingly, plans are in place to hand over operations of the Mattala International Airport to a joint Russian-Indian company and for the Sri Lankan government to receive a share of the profit.