Sri Lanka awards contract to provide aviation fuel to SriLankan Airlines in Melbourne to Vitol Aviation
Sri Lanka’s Cabinet of Ministers has reportedly approved the awarding of a contract to supply aviation fuel for SriLankan Airlines aircraft at the Melbourne Airport in Australia to Vitol Aviation BV.
Limited international bidding procedure had been followed when purchasing aviation fuel for Sri Lanka’s national carrier, SriLankan Airlines Ltd, at the Melbourne Airport in Australia and Vitol Aviation BV has been selected as recommended by the Standing Cabinet Appointed Procurement Committee, local media reports stated.
Accordingly, the Cabinet of Ministers has granted approval to the proposal submitted by Sri Lanka’s Minister of Tourism to award the contract for the supply of fuel for the SriLankan Airlines Ltd. aircraft at the Melbourne Airport in Australia to Vitol Aviation BV to a total estimated cost of US$ 18.47 million.
Sri Lanka poses many business/investment opportunities in many spheres. Apart from the country’s development programme, there are many business opportunities in supplying goods and commodities to various sectors in Sri Lanka. The island is fast becoming a business hub in the South Asian region due to its geographical positioning in the Indian Ocean, ease of doing business environment and the many trade agreements as well as trade concessions enjoyed by Sri Lanka.
|Article Code :||VBS/AT/29102020/Z_5|