AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On March 25, 2016, a 45.428 billion yen ($401 million USD) loan agreement was signed with the Government of Sri Lanka by the Japanese International Cooperation Agency (JICA) for the Bandaranaike International Airport Improvement Project. This loan will be part of the Japanese International Cooperation Agency's STEP program which implies that the loan will go towards providing Sri Lanka with Japanese sourced technology, passenger terminals, solar power generation systems, energy-saving technology (such as LED lighting), civil engineering works, equipment, materials, as well as consulting and services necessary for airport facilities.
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