INDIA LIKELY TO GET 70 PERCENT STAKE TO AIRLIFT MATTALA

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INDIA LIKELY TO GET 70 PERCENT STAKE TO AIRLIFT MATTALA

Sri Lanka is to give India 70 percent of the stake in the Mattala Rajapaksa International Airport (MRIA) in a move that appears to strike a balance with the Hambantota Port being given to China. In terms of a Cabinet Paper now being prepared for approval, the new deal is to be a joint venture between the Airport and Aviation Services of Sri Lanka (AASL) Ltd and the Airports Authority of India (AAI).

Courtesy : Onlanka