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Thursday, 05 July 2018 - 11:09
India - Sri Lanka joint venture to rescue Mattala
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The Civil Aviation authorities of Sri Lanka and India held a discussion in Colombo last afternoon (Jul 04) to create a joint venture to run the Mattala International Airport.
 
Accordingly, India will contribute 70% and Sri Lanka 30% to the proposed joint venture.
 
The Deputy Minister of Transport and Civil Aviation Ashok Abeysinghe said a final decision will be made on this proposal after it was tabled in Parliament.
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