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Sri Lanka Leases White Elephant Airport Built With Chinese Loans

File image of the The Mattala airport in Sri Lanka. Image via the Australian Department of Defense.

Sri Lanka said Friday it had leased a white elephant international airport built with Chinese loans to a foreign joint venture as the island nation’s bankrupt government seeks to offload loss-making assets.

The small airport near a wildlife sanctuary on the southern coast opened in 2013 but was immediately plagued by problems and has been a running sore on state coffers since.

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