RS 40,557 M JICA ASSISTANCE FOR PHASE 2 OF BIA DEVELOPMENT PROJECT
The Japanese Government has agreed to provide a loan of Japanese Yen 28,969 million (approximately Rs 40,557 million) through the Japan International Cooperation Agency (JICA) to improve and modernize the facilities of the Bandaranaike International Airport.
The facilities at BIA are to be modernized to transform it as a main commercial and business hub by connecting the eastern and the western countries.
With the dawn of peaceful environment tourism industry has grown rapidly while number of tourist visiting the country has increased The proposal made by President, in his capacity as the Minister of Finance and Planning, to enter into a loan agreement with JICA, was approved by the Cabinet.
The Japanese Government has agreed to provide a loan of Japanese Yen 28,969 million (approximately Rs 40,557 million) through the Japan International Cooperation Agency (JICA) to improve and modernize the facilities of the Bandaranaike International Airport.
The facilities at BIA are to be modernized to transform it as a main commercial and business hub by connecting the eastern and the western countries.
With the dawn of peaceful environment tourism industry has grown rapidly while number of tourist visiting the country has increased The proposal made by President, in his capacity as the Minister of Finance and Planning, to enter into a loan agreement with JICA, was approved by the Cabinet.
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