Jun 21, 2018 (LBO) – Sri Lanka’s government and cabinet of ministers has given the go ahead to carry out an overhaul in the domestic aviation industry and develop it.
“Currently, no clear policy governing civil aviation exists, hindering development due to lack of conformity with international standards,” a cabinet statement said.
To address the issues, the Ministry of Transport and Civil Aviation Ministry, along with National Policy and Economic Affairs Ministry, plans to make changes in terms of operating principles, airport infrastructure, management and legislations to make the industry which is currently limited to charter flights at high prices more viable.
Following a joint call for Expression of Interests by the National Agency for Public and Private Partnerships (NAPPP) and Director General Civil Aviation, five bidders have made investment proposals.
The Government has decided that the permits will be granted on a first come first serve basis.