APSEZ will develop the WCT at the Colombo Port in a JV with Japan
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Colombo ports south container terminal opens
Commercial operations of the International Port of Colombo South Container Terminal Project at Colombo Port was flagged off on August 5. The new terminal has been constructed by China Communications Construction Company, Zhenhua Heavy Industries, FHDI Engineering Company and Third Highway Engineering Company. With $300 million cost the project has been constructed in 28 months.
Lankan port transhipment
Sri Lanka Ports Authority (SLPA) has stated that cargo to and from India accounts for 62 per cent of Colombo port's transhipment business. SLPA's Chairman Priyath Bandu Wickrama said that at present,