President announces major overhaul plans for Sri Lanka's international airports

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Presenting the 2027 Budget on 12 November 2026, President Anura Kumara Dissanayake announced development projects for Sri Lanka's international airports, including expanding Bandaranaike International Airport (BIA), upgrading Ratmalana Airport, and attracting investors to Mattala Airport.

At BIA, a Rs. 15 billion project by Airport and Aviation Services Limited has commenced to raise terminal capacity to nine million passengers. Construction of the second terminal will begin shortly with Japanese assistance.

Additional BIA plans include an Rs. 800 million domestic terminal next year, an Rs. 400 million car park, and an air cargo re-export hub.

Ratmalana's runway will be extended in 2027 under an Rs. 6 billion project. Meanwhile, expressions of interest have concluded to partner with international companies at Mattala Airport, which has accumulated over Rs. 70 billion in losses.

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