India’s influence on key Sri Lankan infrastructure extends beyond power projects. Adani Group secured a $700 million port ...
NEW DELHI--Sri Lanka’s strategic location has attracted outsized interest in the small island nation from regional giants China and India for more than a decade, with Beijing and its free ...
Sri Lanka plans to transfer management of its Chinese-built Mattala Rajapaksa International Airport to Indian and Russian companies to mitigate losses. The airport, funded by China EXIM Bank, has ...
COLOMBO, April 26 (Reuters) - Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island ...
Sri Lanka will hand over management of its US$209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday (Apr 26), as the island nation attempts to ...
With the IMF bailout in place, Sri Lanka has embarked on a path to stabilize its economy and regain growth momentum by 2024 after two years of economic downturn. As part of this endeavor, the Sri ...
The Sri Lankan cabinet announced the transfer of management of the Chinese-built Mattala International Airport to India's Shaurya Aeronautics (Pvt) Ltd. and the Airports of Regions Management ...
China, a maritime power in the South China Sea and the Indian Ocean in the 14th century, has now undertaken a substantial expansion of its maritime infrastructure and naval fleet, poised to rival the ...
Mattala Rajapaksa International Airport: The move also draws attention to Sri Lanka's handing over of the Hambantota Port to a Chinese state-owned company in 2017 on a 99-year lease as it struggled to ...
ECONOMYNEXT – Management of Sri Lanka’s southern Mattala Rajapaksa International Airport has been awarded to a Russia and India joint venture, cabinet spokesman Bandula Gunawardena said. “Five parties ...
An Indian firm has been jointly entrusted the management responsibilities of Sri Lanka’s Mattala Rajapaksa International Airport along with another Russian company. Sri Lanka’s Cabinet of Ministers ...