Sri Lanka in US80mn aircraft MRO complex

Jan 04, 2013 (LBO) - Sri Lanka's state-run SriLankan Airlines will operate an 80 million US dollar aircraft repair and overhauling (MRO) complex at the country's second international airport in Mattala targeting the Asian market and India.

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Information minister Keheliya Rambukwelle said cabinet approval has been given to obtain foreign financial assistance for the project.

Sri Lanka's ministry of civil aviation has sought 80 million US dollars from the Exim Bank of China to build hangars and related facilities for the aircraft maintenance facility.

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Mattala airport which is being built with Chinese finance is expected to open this year.

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SriLankan Airlines has an engineering facility in Katunayake which is already attracting business from other Asian countries including India.

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