Wednesday, February 25, 2015

Sri Lanka mulls future of Rajapakse's white elephants

A security guard looks at the runway from within a departure area at the international airport at HambantotaThe port facility at Hambantota
MailOnline - news, sport, celebrity, science and health storiesBy AFP- 22 February 2015
From a multi-million dollar airport ignored by airlines to a lavish cricket stadium rejected by players, Sri Lanka’s new government is mulling the future of a string of white elephants.
Former president Mahinda Rajapakse ordered the state-of-the-art facilities built in his southern home town of Hambantota in extensive efforts to turn his rural constituency into a regional business hub.
Vast revenues were channelled into the vanity projects, mostly named after the former strongman who ruled the tropical island for a decade and was determined to keep the loss-making ventures open.