Leading Indian investors to explore opportunities in aviation, shipping

A group of 12 leading Indian investors whose attention has been drawn to starting several projects in Sri Lanka’s shipping and aviation sector met the Minister of Ports, Shipping and Aviation Nimal Siripala de Silva yesterday for a discussion in this regard.

In this discussion, the Indian investors stated that their group is focused on investing in the future development of the ports of Kankasanthure and Trincomalee. Commenting on this, the minister said that with the commencement of passenger cruise services and luxury passenger ship services between Kankasanture and India, the Port Authority has taken steps to provide infrastructure to Kankesanthurai port.

Therefore, with the permission of the Indian government, opportunities can be provided to investors who wish to start these transport services, the minister emphasized. Here, the investors stated that they would like to invest in this passenger transport project with the permission of the Indian government, and they will hold discussions with the relevant parties in the future. Regarding investment opportunities in Sri Lanka’s aviation sector, the minister said that there are various investment opportunities related to aviation services within the Mattala airport premises and for this purpose, the ministry will request for proposals in the future. Indian investors paid close attention to it. Furthermore the two parties discussed starting direct flight services between the airports located in the main cities of India and the airports of Ratmalana, Palali and Batticaloa in Sri Lanka.

Twelve representatives including Dr. Arvind Gupta, Ashok K Kanth and Lt. Gen. R. K. Sawhney, the Secretary of the Ministry K.D.S. Ruwanchandra and Chairman of the Port Authority Keith Barnard also participated in this discussion held at the Ministry of Ports, Shipping and Aviation. After the discussion, the group of investors presented a special commemorative gift to the minister.

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