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Second phase development of Colombo International Airport:

AASL receives US $ 350 m credit from JICA

Airport and Aviation Services Ltd, (AASL) has secured credit facilities to the tune of US $ 350 million from Japan International Corporation Agency (JICA). This is the first time that a government institution had received direct credit from an overseas organisation. Chairman AASL, Prasanna Wickramasuriya said that these funds would be utilized for the second phase development of the Colombo International Airport. Sri Lankan tourism is fast developing and the arrival numbers are increasing. In addition airlines want to increase frequencies while new carriers too want to fly to Colombo. This is the reason that the Colombo airport needs more capacity,” he said.

Currently the Colombo airport could accommodate six million passengers and the aim is to double this. Wickramasuriya said that the present eight aero bridges too would be increased to 12 under the second airport development project. Air cargo handling services will also be increased in parallel to the increase of passenger handling capacity.

A new parking area would be built linking it to the proposed Colombo Katunayake highway. Aircraft apron and taxiway too would see a major development while utilities water supply, electricity and waste water disposal system too would be upgraded to meet the increased demand.The Colombo International Airport’s domestic terminal will be opened soon to cater to the growing domestic air traffic market in Sri Lanka. The old SriLankan Airlines cargo terminal is being used for this.

“AASL would be investing a sum of Rs 250 million for this domestic terminal,” he said. Wickramasuriya said that with tourism picking up and high spenders patronizing Sri Lanka and investment and development taking place in the regions, the demand for domestic travel had increased. A sea plane landing facility in Seeduwa Dadugam Oya near the country's international airport in Katunayake too is being built jointly by the Tourism Authority of the Ministry of Economic Development and the Provincial Road Development Authority.

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