EconomyPolitics2h ago

Mattala Airport Invites Global Investors for 2026 Investment Opportunities

TLDR

Mattala Airport seeks global investors for 2026 development opportunities.
AASL invites EOIs for operations, cargo, MRO, and industrial parks.
Airport loses LKR 3 billion annually; handled 150,000 passengers in 2025.
600 hectares available for ventures; Cabinet Committee to review proposals.

The Ministry of Ports and Civil Aviation, acting on behalf of Airport and Aviation Services (Sri Lanka) Ltd (AASL), has invited global investors to submit Expressions of Interest (EOI) for new investment opportunities at the Mattala Rajapaksa International Airport (MRIA). This initiative aims to expand Sri Lanka's aviation sector, specifically targeting the year 2026. Opportunities are available across various areas, including airport operations, cargo services, logistics, aircraft maintenance, repair, and overhaul (MRO), and the development of industrial parks with facilities for manufacturing, packaging, and storage. Proposals are welcomed from registered investors, companies, corporations, and joint ventures worldwide. A Cabinet-appointed committee will be responsible for reviewing and selecting viable submissions.

Story Update

Update #2\u00b7 Apr 26 · 8:49 AM

New details reveal that the invitation for Expressions of Interest (EOI) for Mattala Rajapaksa International Airport's development and operations comes from the Sri Lanka Airports and Aviation Services Company (AASL), facilitated by the Ministry of Ports and Civil Aviation. The airport currently incurs an annual loss of approximately LKR 3 billion and handled only 150,000 passengers in 2025, significantly below its 1 million annual capacity. The government aims to utilize the airport's 600 hectares of land for broader commercial ventures, including cargo storage and distribution, beyond just passenger services. Eligible applicants include properly registered investors, companies, corporations, and joint ventures, with a Cabinet Committee tasked with reviewing and selecting proposals.

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