Opportunity Sri Lanka | » Sri Lankan government set to construct US$ 12mn interim departure terminal at BIA
Sri Lankan government set to construct US$ 12mn interim departure terminal at BIA

Sri Lankan government set to construct US$ 12mn interim departure terminal at BIA

The government of Sri Lanka is reportedly gearing at establishing an interim departure terminal at the Bandaranaike International Airport (BIA) at a cost of approximately US$12 million.
The project is expected to be in line with proposed targeted tourist arrival figures following promotions campaigns set to take off early next year.
An interim terminal costing around $10-12 million will be established at the BIA since the second phase of the airport expansion would be completed only by end 2021, Airport and Aviation Services Ltd Executive Director Johanne Jayaratne has told the Business Times.
He has said that the interim terminal solution would be for departures only to process around two million departing passengers as this is where the airport experienced most congestion.
The interim terminal would be located next to the existing terminal and would be completed within a period of 18 months or sooner, Jayaratne has said.
According to reports, currently airport authorities are working on the specifications of the proposed interim terminal and following which they would float a tender by the end of the year or make a Request for Proposal (RFP).
The government according to reports, has decided to increase capacity to the existing terminal envisaging the increase in tourist traffic in the wake of the global tourism promotion campaign set to be launched by the Sri Lanka Tourism Promotion Bureau (SLTPB).
The SLTPB’s campaign early next year is expected to generate an influx of tourists.
Sri Lanka is targeting four million visitors by 2020 and in line with this, new infrastructure is in place to ensure authorities would be proactive to future challenges, Jayaratne has said.
At present the existing BIA terminal has a capacity of six million passengers but it was noted that they had processed 9.4 million in 2016.

OSL take:

The construction of a new interim departure terminal at the BIA would provide an opportunity for construction companies to present new ideas and plans. Innovative investors could look at the anticipated growth in tourist arrivals to the country through the Sri Lankan government plan to construct an interim terminal at the airport. Hence, investors could explore opportunities to invest in Sri Lanka’s tourism industry.

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Article Code : VBS/AT/07112017/Z_4

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