Ltd. (AASL) has extended the contract period of its first-ever airport hotel project at Bandaranaike International Airport (BIA) by a further six months, despite no progress in the construction of the hotel being made for the past three years, The Sunday Morning Business learns. Chandrasiri told us that Colombo International Airport Hotels Ltd. (CIAH), to whom the contract was awarded, will now have to show progress in the project within the stipulated time period. Adding further, he stated that AASL has given the land on lease for constructors and hopes that the first-ever airport hotel project will be completed within the newly stipulated time period to avoid unwanted trouble as per the agreement signed between the stakeholders. “After the extended six months, AASL will review the performance of the contractor. If there is progress, then another six months will be awarded to complete the BIA hotel.

Source: The Nation September 18, 2021 19:03 UTC