header logo
Asia asset finance
Mogo Academy
Latest
Sri Lanka seeks foreign partnerships to expand ports and aviation sector
Apr 21, 202610:40 PM
Sri Lanka seeks foreign partnerships to expand ports and aviation sector

A special discussion was held between British High Commissioner to Sri Lanka Andrew Patrick and the Minister of Ports, Civil Aviation, and Energy, Anura Karunathilaka.

 

During the discussion, the High Commissioner expressed agreement to provide both state and private sector partnerships for the development of ports and airports.

 

He also stated that foreign investments and expert assistance could be provided for essential areas such as modern technological equipment for airport operations and airspace management.

 

Commenting during the meeting, Minister Anura Karunathilaka said that several port terminals are already being operated with private sector partnerships.

 

He further noted that the Hambantota Port is also being managed under a different model, and that they are currently seeking private partnerships for the operation of new terminals in the future.

 

The British High Commissioner pointed out that the Port of Colombo is a location with world-class resources and that its existing 15-year forward plan is very attractive. He also expressed his satisfaction that development projects for airports are being carried out according to long-term planning.

 

Furthermore, he highlighted that although the Port of Colombo is a commercial port, it could also be developed to support the tourism industry.

 

At the conclusion of the discussion, Minister Anura Karunathilaka stated that they are ready to strengthen partnerships with foreign investors, including those from European countries, aiming to enhance international cooperation and achieve better economic benefits.

 

 

 

MostRead
Mobitel 5g
VideoStories
“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

Sri Lanka records 5.1% GDP growth in 1Q 2026; Agriculture, industry & services sectors expand: CBSL

Sri Lanka records 5.1% GDP growth in 1Q 2026; Agriculture, industry & services sectors expand: CBSL

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Lassana Flora