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Bookmark or Share- Sri Lanka leases Chinese-built Mattala Rajapaksa Int'l Airport to ...Mattala Rajapaksa International Airport: The move also draws attention to Sri Lanka's handing over of the Hambantota Port to a Chinese state-owned company in 2017 on a 99-year lease as it struggled to repay the loans taken to build the port.This move raised concerns about China's growing influence in the region and its ability to use debt as a means of exerting control over strategic assets.
- Mahinda Rajapaksa - WikipediaWebsite. Official website. Mahinda Rajapaksa ( Sinhala: මහින්ද රාජපක්ෂ; Tamil: மஹிந்த ராஜபக்ஷ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the President of Sri Lanka from 2005 to 2015; the Prime Minister of Sri Lanka from 2004 to 2005, 2018, and ...
- Sri Lanka leases white elephant airport built with Chinese loansSri Lanka has leased its underutilized Mattala Rajapaksa International Airport, built with Chinese loans, to a joint venture between India's Shaurya Aeronautics and Russia's Airports of Regions Management Company for 30 years. The airport, plagued by problems since its 2013 opening, has struggled with financial losses. The lease marks part of Sri Lanka's efforts to privatize state-owned ...
- Sri Lanka’s Chinese-financed white elephant airport leased to Indian ...The airport is named after former president Mahinda Rajapaksa, who borrowed heavily from China for infrastructure projects that quickly became commercial failures.
- Indian, Russian firms awarded management of Sri Lanka Mattala Rajapaksa ...Mattala Airport, named after former president Mahinda Rajapaksa, was one of the major infrastructure projects of Rajapaksa's nearly decade-long rule. The project was funded through high-interest Chinese commercial loans. It was built at a cost of USD 209 million, with USD 190 million coming from a high-interest loan from the Exim Bank of China. ...
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