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Japan resumes infrastructure diplomacy in Sri Lanka ahead of China
Japan resumes infrastructure diplomacy in Sri Lanka ahead of China

Nikkei Asia

time6 days ago

  • Business
  • Nikkei Asia

Japan resumes infrastructure diplomacy in Sri Lanka ahead of China

Japan has decided to resume lending to a project that will expand the Bandaranaike International Airport, north of Colombo. (Nikkei montage/Source photo by Reuters) MARWAAN MACAN-MARKAR COLOMBO -- Japan's decision to refinance the expansion of Sri Lanka's international airport -- a flagship project dogged by corruption and the country's recent fiscal meltdown -- has pushed it ahead of China in the South Asian nation's postcrisis recovery efforts. The country's airport and aviation agency, Airport and Aviation Services, is reviewing bids submitted in March by prospective developers to upgrade the Bandaranaike International Airport (BIA), said official and diplomatic sources familiar with Tokyo's decision to reengage with Sri Lanka after lifting its earlier suspension of the loan.

Japan's infrastructure diplomacy in Sri Lanka outpaces China's
Japan's infrastructure diplomacy in Sri Lanka outpaces China's

Nikkei Asia

time6 days ago

  • Business
  • Nikkei Asia

Japan's infrastructure diplomacy in Sri Lanka outpaces China's

Japan has decided to resume lending to a project that will expand the Bandaranaike International Airport, north of Colombo. (Nikkei montage/Source photo by Reuters) MARWAAN MACAN-MARKAR COLOMBO -- Japan's decision to refinance the expansion of Sri Lanka's international airport -- a flagship project dogged by corruption and the country's recent fiscal meltdown -- has pushed it ahead of China in the South Asian nation's postcrisis recovery efforts. The country's airport and aviation agency, Airport and Aviation Services, is reviewing bids submitted in March by prospective developers to upgrade the Bandaranaike International Airport (BIA), said official and diplomatic sources familiar with Tokyo's decision to reengage with Sri Lanka after lifting its earlier suspension of the loan.

ASEAN set to create permanent Myanmar envoy in bid to end crisis
ASEAN set to create permanent Myanmar envoy in bid to end crisis

Nikkei Asia

time26-05-2025

  • Politics
  • Nikkei Asia

ASEAN set to create permanent Myanmar envoy in bid to end crisis

NORMAN GOH and MARWAAN MACAN-MARKAR KUALA LUMPUR/COLOMBO -- Southeast Asian leaders are expected to endorse the appointment of a permanent special envoy for Myanmar at their summit on Monday, in a major shift from the bloc's current practice of rotating representatives annually and in recognition of the deepening crisis in the civil war-ravaged country. ASEAN foreign ministers agreed to the proposal during a meeting on Sunday, signaling growing urgency to build engagement with Myanmar's military regime and the myriad forces opposing them.

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