India to assist Sri Lanka to upgrade Jaffna International Airport
India to assist Sri Lanka to upgrade Jaffna International Airport in Palaly

India to assist Sri Lanka to upgrade Jaffna International Airport in Palaly

The government of Sri Lanka has reportedly decided to enter into a Memorandum of Understanding (MoU) with the Government of India to upgrade the Jaffna International Airport in Palaly in Sri Lanka’s Northern Province with a grant of Rs.300 million.
Accordingly, measures have been taken to develop the Jaffna International Airport in Palaly and regional international flights have also begun from the Jaffna International Airport.
The Government of India has agreed to provide a grant of Rs. 300 million for this purpose, which is expected to be used to improve facilities in the areas of airport terminal modification, electricity supply and utility and transit services, local media reports state.
Sri Lanka’s Cabinet of Ministers had approved the proposal presented by the country’s Tourism and Civil Aviation Minister Prasanna Ranatunga to enter into a MoU for the Development of Jaffna International Airport with the Government of India.

OSL take:

The government of Sri Lanka is engaged in developing the country’s domestic aviation sector with special emphasis being given to the development and upgrading of domestic airports. This in turn would give a further boost to the country’s tourism, trade and investment sectors. Foreign businesses could explore business opportunities in developing Sri Lanka’s domestic aviation sector and explore new market opportunities that develop as a result.

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Article Code : VBS/AT/20200303/Z_1

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