India Vs China: $300M Fight for Territorial Dominance in Sri Lanka Airport

1804

India is to buy one of the Sri Lanka biggest airports, founded by the former President of the country, despite it’s visited by no more than 10-12 people a day.

Read why India is taking such serious measures on Nexter.

Mattala Rajapaksa AirPort

Mattala-rajapaksa-pic

Source: colombogazette.com

Mattala Rajapaksa, Airport at Hambantota, Sri Lanka, isn’t popular – it handles less than a dozen of people every day, however, India has its own reason to make such purchase.

China is main India’s competitor for adjacent territories and the Indian Ocean. That’s why India decided to make a contribution to its future and buy an airport for $300M for a 40-year lease (2,000-acre space) and a joint venture.

For both India and China,  geopolitical interests are strong and are the main reason for a rival conflict between those two countries.

Historical background

india-china-pic

Source: netdna-ssl.com

Earlier Chinese company took over the maritime port and got the opportunity to acquire more important trading role in the Indian Ocean as this port is a part of significant trade routes.

China has cultivated a great relationship with Sri Lanka and began docking missile submarines at its capital port. Moreover, China offers to take control of the money-losing enterprise built on Beijing funds.

India understands that China has elaborated a well-designed scheme to take the leading position in one of the world’s busiest shipping routes, which isn’t the only one aim. Nevertheless, it’s up to Colombo which country to choose and give away Mattala Rajapaksa AirPort.

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India Vs China: $300M Fight for Territorial Dominance in Sri Lanka Airport
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India Vs China: $300M Fight for Territorial Dominance in Sri Lanka Airport
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India is to buy one of the Sri Lanka biggest airports, founded by the former President of the country, despite it’s visited by no more than 10-12 people a day.
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