China Harbour Engineering Corporation (CHEC) has expressed interest in completing work on the new passenger terminal at the Bandaranaike International Airport (BIA) after the Japanese pulled out of funding it.
The US$ 1bn (Rs 366bn) project, known as the BIA Development Project Phase II Stage 2 (BIADP PII S2), has been suspended since July 2021 after the Japan International Corporation Agency (JICA) decided not to make further disbursement of funds citing the inability of the Sri Lanka Government to repay the loan. The Government defaulted on its international debt obligations in April that year.
See full story in the sundaytimes.lk
https://www.sundaytimes.lk/230122/news/china-harbour-eyes-bia-terminal-project-abandoned-by-japan-509289.html
The final rites of veteran broadcaster, writer, and lyricist Nirmala de Alwis will be held today at Peradeniya.
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