UAE to make major investment in Sri Lanka’s ports and airports

Date:

February 03, Colombo (LNW): The United Arab Emirates (UAE) has committed to a significant investment in Sri Lanka’s port and airport infrastructure, according to a recent announcement from the Ministry of Transport, Highways, Ports, and Civil Aviation.

This development follows a key meeting between Minister Bimal Rathnayake and the UAE Ambassador to Sri Lanka, Khalid Al Ameri, where both parties discussed the details of the investment.

Ambassador Al Ameri confirmed that the UAE’s contributions would extend to the development of a new airport terminal, an exciting prospect for the country’s expanding aviation sector.

This collaborative initiative is expected to provide a substantial boost to Sri Lanka’s transport infrastructure, enhancing both its ports and airports to meet growing demand.

The UAE’s investment is seen as a sign of strengthening bilateral ties and increasing economic cooperation between the two nations.

In addition to the announcement of the UAE investment, the Ministry of Transport also revealed that President Anura Kumara Dissanayake is scheduled to visit the UAE later this month for official talks.

The visit aims to further strengthen the relationship between the two countries, with discussions likely to focus on expanding cooperation in trade, infrastructure, and development projects.

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