Airport & Aviation Services (Sri Lanka) (Private) Limited (AASL) announced the tender for Bandaranaike International Airport Development Project Phase 2 (the BIA Project), which aims to accomplish the full scope of the Project funded by the JICA’s ODA loan by the end of 2027 to meet the growing passenger demand in Sri Lanka.
In the end of July 2024, upon the signing of the Memorandum of Understanding on debt restructuring by members of Official Creditors’ Committee and the Government of Sri Lanka, JICA has restarted disbursement for all the JICA-funded projects, including the BIA Project.
JICA recognizes the BIA Project as one of the most important projects between Sri Lanka and Japan, and wishes that the new airport facilities to be built under the project will contribute to inviting more foreign visitors to Sri Lanka and increasing country’s foreign currency earnings. JICA will continue to provide AASL with assistance necessary to complete the BIA Project.
The tender notice is publicized on AASL’s website (Airport and Aviation Services (Sri Lanka) (Private) Limited.)