Tuesday, March 29, 2016

Japanese Government Has Granted A Loan Of US Dollars 400 Million To Build A New Terminal For Katunayake International Air Port

The Japanese Government has granted a loan of US Dollars 400 Million to build a new terminal for the Katunayake Bandaranaike International Air Port which is currently experiencing congestion due to increased number of tourists according to Japan International Corporation Agency(JICA).

The proposed new terminal which is the second terminal of Katunayake Air Port will have double capacity to host 15 million passengers annually the JICA has announced.

The terminal which will  build on the concept of an Eco Air Port System with advanced Japanese Technology is scheduled to be inaugurated in 2020.It will use the solar energy and a recycled water from the sewage plant  to flushing the toilets JICA has stated.

The Loan granted to build this new terminal of the Air Port  is repayable from over 40 years with 0.1 annual interest according to the agreement signed between JICA and Sri Lankan Government last week.


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