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Is India leasing the world's emptiest airport in SL?


zen

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http://www.businessinsider.com/india-and-china-are-fighting-for-control-in-sri-lanka-2017-12 

 

  • India is buying (correct term should be leasing) Sri Lanka's second-largest airport, despite it only handling a dozen passengers a day.
  • China recently took control of a nearby port that opens up significant trade routes, and India is worried about China's growing role in the Indian Ocean.
  • Experts say the $300 million investment by India is an attempt to limit China's ability to operate its port as a naval site.

 

PS this is supposed to be a 40 year lease

 

There are no major advantages. $300M ($7.5M or so annually?) could be used to extend forest coverage in India and secure water resources, which would not only lead to an increase in quality of life, but also help to restore various habitats. Additionally, such initiatives could create short term employment in those areas as well

 

 

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Edited by zen
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