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Colombo, April 26 (Daily Mirror) - The Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL) said that Expressions of Interest (EOI) are now open for the development and operation of the Mattala Rajapaksa International Airport (MRIA). The invitation is extended to both local and international investors interested in participating in the future expansion and commercial use of the airport.
Located in the southern part of Sri Lanka, MRIA covers approximately 600 hectares and offers a range of opportunities for investment.
This move follows the Cabinet’s decision to cancel a previous bidding process initiated by the former administration, which had focused solely on passenger operations.
Proposed areas include airport operations, cargo and logistics services, maintenance, repair and overhaul (MRO) activities, aircraft spare parts manufacturing, and the establishment of industrial parks for manufacturing, packaging, and warehousing.
The EOI also highlights potential for development in renewable energy, tourism, and hospitality, including resort hotels and related services.
Currently, the airport is operating at a significant loss, bleeding approximately Rs. 3 billion annually. While passenger traffic saw a modest peak of 150,000 travellers in 2025, it remains far below the airport's one-million-passenger capacity.