Sri Lankan government annuls Bandaranaike International Airport construction contract
The Sri Lankan government Thursday said it is cancelling the contract awarded to make improvements to the Bandaranaike International Airport (BIA) for lack of transparency.
At the weekly cabinet briefing held today (19) the Cabinet Spokesperson Minister Rajitha Senaratne said the Government has cancelled the contract that has already been awarded relating to the BIA runway, overlay and related works.
He said the award of this contract has been made without following a competitive tender procedure and without transparency.
The Cabinet of Ministers has approved a proposal made by the Minister of Ports, Naval and Aviation Arjuna Ranatunga to annul the contract that has already been awarded.
Sri Lanka in 2013 signed a Rs. 42.5 billion loan agreement with Japan to finance the expansion of the BIA and future developments