Construction of Terminal 2 of the Bandaranaike International Airport (BIA) which is suspended will commence once Sri Lanka’s debt restructuring process is over, Minister of Ports, Shipping and Aviation Nimal Siripala de Silva said.
Addressing media at the Government Information Department (DGI), Minister de Silva expressed confidence that the project, funded by the Japan International Cooperation Agency (JICA) will continue.
“JICA has told us the moment debt restructuring is over, they will continue to give us the money for the phase 02 of the project.”
“As we declared ourselves bankrupted at a stage, so when we declare we are bankrupted no lender will continue to give money for any project. So, on that basis, JICA has apparently suspended not only this project, but also about 12 another projects till the situation of the country improves and the debt repayment plan is issued by us”, Minister de Silva claimed.
According to the Airport and Aviation Services Ltd, the construction of the Terminal 2 project commenced on 15th December 2020 and was expected to be completed by 14th December 2023. (NewsWire)