Get latest articles and stories on World at LatestLY. Sri Lanka must use its ports and strategic location for its economic growth, President Ranil Wickremesinghe said on Friday while expressing regret over scrapping of the country s trilateral deal with India and Japan to develop the Colombo Port s Eastern Container Terminal. World News | Sri Lanka Must Use Its Ports for Economic Growth: President Wickremesinghe.
The Adani Group will become the first Indian port operator in Sri Lanka as construction of the Colombo Port's Western Container Terminal (WCT) is set to start on Wednesday.The group will have the majority stake in the West Container .
Business Insider – The Adani Group will become the first Indian port operator in Sri Lanka as construction of the Colombo Port’s Western Container Terminal (WCT) is set to start on Wednesday. The group will have the majority stake in the West Container International Terminal Joint Venture (JV) which is valued at $700 million. The build-operate-transfer (BOT) agreement which.