Mattala Rajapaksa International Airport - Sri Lanka

Why in news ?
Civil Aviation Minister has told to Srilankan Parliament in Colombo that, India will operate loss-making Mattala Rajapaksa International Airport in Hambantota, Sri Lanka.

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Mattala Rajapaksa International Airport located in Hambantota, 41km south-east of Colombo, Sri lanka is world emptiest airport. The airport will be operated as Sri Lanka-India joint venture where India would gain a major stake of the airport having a worth of 210 million doller.

The project was funded through high interest Chinese commercial loans, to repay those loans as equity the srilankan government has given the Hambantota seaport to China.

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