Price wrangling over Mattala

Thursday, 8 February 2018 00:00 - - {{hitsCtrl.values.hits}}

Sri Lanka and India are currently negotiating over the proposed joint venture for Mattala airport, with the Government Valuer proposing $320 million, and India offering about $295 million, but talks are likely to be completed in three months, International Trade and Development Minister Malik Samarawickrama said yesterday.

“We will not go below the Government Valuer’s price,” the Minister told reporters on the side-lines of a press conference on Wednesday.

About three rounds of preliminary discussions have already taken place with the Technical Evaluation Committee submitting its report to the Tender Negotiating Committee comprising of the three ministry secretaries of Transport, Science Technology and Public Enterprise Development.