Friday, Jan 27, 2023
logo
Update At 13:00    USD/EUR 0,92  ↑+0.0012        USD/JPY 129,86  ↓-0.29        USD/KRW 1.232,92  ↑+1.1        EUR/JPY 141,20  ↓-0.526        Crude Oil 87,80  ↑+0.33        Asia Dow 3.546,18  ↑+2.39        TSE 1.875,50  ↑+21        Japan: Nikkei 225 27.367,60  ↑+4.85        S. Korea: KOSPI 2.491,61  ↑+22.96        China: Shanghai Composite 3.264,81  ↑+24.534        Hong Kong: Hang Seng 22.543,95  ↓-22.83        Singapore: Straits Times 3,44  ↑+0.001        DJIA 22,09  ↑+0.06        Nasdaq Composite 11.512,41  ↑+199.056        S&P 500 4.060,43  ↑+44.21        Russell 2000 1.903,06  ↑+12.7451        Stoxx Euro 50 4.173,98  ↑+25.87        Stoxx Europe 600 453,98  ↑+1.91        Germany: DAX 15.132,85  ↑+51.21        UK: FTSE 100 7.761,11  ↑+16.24        Spain: IBEX 35 9.035,60  ↑+78.1        France: CAC 40 7.095,99  ↑+52.11        

Blue sky thinking

Article - February 6, 2012
Plans to expand Sri Lanka's airports will boost business, infrastructure and tourism
AIRPORTS AND AVIATION SERVICES LIMITED (SRI LANKA)
Sri Lanka’s convenient location has contributed to the nation’s high potential for becoming a prominent aviation hub. Hitherto this potential has not been exploited, but recent plans signal the development of Sri Lanka’s airports sector by setting into motion the construction of a second international airport at Mattala, Hambantota.

Also, Bandaranaike International Airport will be revamped in order to cater further to Sri Lanka’s global connectivity. These actions will contribute to a variety of investment opportunities, ranging from relationships forged with various courier companies, such as DHL, Fedex and UPS; and aviation-related industries, such as flying academies and aviation repair centers, a tax-free shopping mall connected to the airport, and a 300-room transit hotel nearby, to name but a few potential investments.

Regarding additional plans for Sri Lanka’s development as a prime aviation center, Prasanna J. Wickramasuriya, Chairman of the Airports and Aviation Services Limited, says: “Another thing we are doing is developing an expressway, a toll road, which will go from the airport to Colombo city. It will be completed by the end of the first quarter of 2012 and it will reduce the trip to the city to about 22 minutes.”

Mr. Wickramasuriya continues: “The port is 20 miles away from the airport so it is going to be a commercial sea and air transshipment park. There will be industrial parks and international warehousing complexes as well as leisure and aviation-related industries in that area. Furthermore, the road is going to be connected to the eastern province as well. The southern highway will be extended to the eastern province, which will contribute very much to its social development. Besides this, the best beaches are located there, so I believe that the tourism industry will also really develop.”

COMPANY DATABASESee all Database >

ABLIC Inc.

Manufacturing, Japan

Atago Ltd.

Manufacturing, Japan

UNIFLOW CO., LTD.

Manufacturing, Japan

LEADER DATABASESee all Database >

Nobumasa Ishiai

President and CEO, ABLIC Inc. Senior Managing Executive Officer, MinebeaMitsumi Inc. (Parent Company of ABLIC)
ABLIC Inc.

HIROSHI KOYAMA

MANAGING DIRECTOR
JUJO CHEMICAL CO., LTD.

Yoshihiko Hirano

President & CEO
Hirano Steel Co.,Ltd.

Yorifusa Wakabayashi

President and Representative Director, Chief Executive Officer
DAIO PAPER CORPORATION

  0 COMMENTS