Sri Lanka’s national carrier catering service to launch Rs. 250 million expansion project
Sri Lanka’s state owned SriLankan Catering Limited has reportedly received approval for a Rs. 250 million expansion for its flight kitchen.
SriLankan Catering Limited prepares meals for airlines at the country’s main international airport – Bandaranaike International Airport (BIA).
Sri Lanka’s Cabinet of Ministers has granted approval for the expansion project that will see the SriLankan Catering, which is a profitable subsidiary of the national carrier SriLankan Airlines, raise its capacity to 40,000 daily meals from the current 25,000 meals.
According to SriLankan Catering data, the Company has made 7.7 million meals a year (21,063 meals a day) for 22 airlines which visited Sri Lanka’s largest international airport for the financial year 2017/18, up 22 percent from 6.2 million meals a year earlier, the local media has stated.
It had nearly reached full capacity in January 2018, cooking 24,113 meals a day, catering to 72.8 percent of air passengers arriving and departing from Sri Lanka, media reports have further noted.
The proposal to expand the services of SriLankan Catering was submitted to the Cabinet by Sri Lanka’s Finance Minister Mangala Samaraweera.
The expansion is to take place alongside the extension of the BIA aimed at handling more passengers.
OSL take:
Along with the overall development programmes being carried out by the government of Sri Lanka covering all key economic sectors, there are several targeted development programmes like the expansion programme of the Bandaranaike International Airport and the national carrier’s catering service. Sri Lanka’s geographical positioning in the Indian Ocean along with the recent infrastructure and policy developments in the country have made Sri Lanka an attractive business destination in the South Asian region. Also, Sri Lanka continues to maintain the top slot as the destination of the year in several key global travel publications while also offering attractive packages and deals to the foreign traveler resulting in an increase in tourist arrivals to the country. All these have resulted in the need for expansion and development of Sri Lanka’s aviation sector. It is therefore evident that Sri Lanka is now a hotspot for business/investment opportunities for foreign businesses/investors.
| Article Code : | VBS/AT/19082019/Z_1 |