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HomeLocal NewsGovt reveals plan to transform loss-making Mattala Airport

Govt reveals plan to transform loss-making Mattala Airport


The government aims to convert the Mattala Rajapaksa International Airport (MRIA) into an aircraft maintenance hub, Minister of Ports, Shipping, and Aviation Bimal Rathnayake announced in Parliament today (07).

Speaking during the committee stage debate on the budget, the Minister stated that the government intends to collaborate with a suitable foreign partner to make MRIA a profitable venture.

“The airport was constructed at a cost of Rs. 36.5 billion, and over the past five years, it has incurred a total loss of Rs. 38.5 billion. Our goal is to turn this into a profitable institution,” he noted.

The government’s initiative seeks to leverage MRIA’s infrastructure for aircraft repairs and maintenance, potentially attracting global aviation companies. (NewsWire)

The post Govt reveals plan to transform loss-making Mattala Airport appeared first on Islandnews.

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