Thursday, March 22, 2018 05:40:18 PM

Govt. Mulls International Fighter Jet Tender

By sanjeewam - Sat Apr 30, 3:15 pm

by Wiraj Silva

In a bid to purchase eight state-of-the-art fighter jets for Sri Lanka Air Force (SLAF), the Cabinet of Ministers last week opted for international competitive bidding (ICB) ensuring both transparency and best possible financing method for the government, The Sunday Leader learns.

“The Cabinet gave green light to SLAF to go ahead with open tender or ICB process in order to gain the ideal aircraft at the best financial package. So China, India, Pakistan, United Kingdom or any other country could submit EoI (Expression of Interest) outlining their respective financing method, be it credit lines or soft loans,”  said Defence Secretary Karunasena Hettiarachchi speaking to The Sunday Leader.

According to highly placed sources SLAF is looking at purchasing eight fighter jets, two cargo planes and one training jet at a cost of US$ 400 million or roughly Rs. 60 billion. Earlier Pakistan, India and China were outdoing each other to grab this lucrative deal.

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