APSEZ will develop the WCT at the Colombo Port in a JV with Japan
Tag: Sri Lanka
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Petronet LNG plans $3 billion investment in overseas push
Petronet LNG aims to spend up to $3 billion in the next five years to expand overseas, setting up terminals in Sri Lanka and Bangladesh among other countries. Falling spot LNG prices have boosted consumption of the fuel in India and triggered demand for LNG infrastructure in countries long shut out of the gas trade.
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Fathoming the deeps
The meandering course of the Indian ports sector, the backbone of the country´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
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Chinese firm to operate terminal in Sri Lanka
China Merchants Holdings International Co would operate the new container terminal opened in Colombo recently. The terminal gives a new sea route for mega vessels from China. The terminal which is regarded to be as sophisticated as the container terminal at the Singapore port
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Sri Lankan govt takes steps to upgrade port infra
Sri Lankan government is taking efforts to upgrade its port infrastructure and as part of this it is investing $2.5 million on harbour in the south of the country and is executing an expansion project for the Colombo port. The government, which aims to promote the country as a "port hub" borrowed considerably to achieve this goal, and it is also wooing international investors to participate in the
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An eight-pronged approach
Essar, now a multinational conglomerate, began its operations with the construction of an outer breakwater in Chennai Port (the then Madras Port) in 1969.
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An eight-pronged approach
Essar, now a multinational conglomerate, began its operations with the construction of an outer breakwater in Chennai Port (the then Madras Port) in 1969.
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BSP bags Lankan rail orders
Bhilai Steel Plant (BSP), the flagship entity of the Steel Authority of India (SAIL), has bagged a fresh order of exporting rails to Sri Lanka.