Bandaranaike International Airport (BIA) is to receive new boost with a Rs.49 billion loan from the Government of Japan. The Japan International Cooperation Institution (JICA) will be the channel between the governments of Japan and Sri Lanka and the funds will be utilized in developing the infrastructure facilities of the country’s main international airport in Colombo.
The 45.3 billion Japanese Yen (nearly Rs.48.9 billion) loan will be used to expand the facilities of the BIA and to develop essential infrastructure facilities to increase the annual passenger handling capacities of the airport. Government of Sri Lanka has already made long-term plans to double the annual passenger arrivals into the country.
Sources added that the passenger handling capacities of the airport from the current volume of 7.4 million will be increased to 15 million by the year 2020. Prime Minister Ranil Wickremasinghe has sought the Cabinet approval for this much beneficial project and has received the Cabinet sanction to run the project soon.