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Sri Lanka Plans To Raise US$ 1 Billion Through Budget Airlines
Posted 23,April

By Chehan Jayasuriya

In Local News

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Speaking at the parliament on Wednesday, State Minister of Tourism D. V. Chanaka stated that Sri Lanka is currently in discussions regarding bringing US$ 1 billion through budget airlines with the help of private sector investments.

He said this in response to questions raised by the opposition over agitations of Katunayake International Airport Employees regarding rumors about the government’s plans to sell the airport. He further stated that the initiative is done through several corporate leaders of Sri Lanka, including entrepreneur Dhammika Perera.

“This is not the first meeting with Dhammika Perera. A team including Dhammika Perera proposed us to bring in budget airlines in the world through a private sector investment,” Chanaka told the parliament.

“They are having a meeting with the CEOs of these airline companies to discuss bringing in 1 billion dollars to the country through tourism. This is the fourth meeting regarding this topic,” he said.