This is the first time that the U.S. government, through one of its agencies, is funding an Adani project, which is a ringing endorsement of the Adani Group.
U.S. International Development Finance Corporation DFC has announced that it will be funding Colombo West International Terminal Pvt. Ltd. a consortium of Indias largest port operator Adani Ports and SEZ Ltd. Sri Lankas leading enterprise John Keells Holdings JKH and the Sri Lanka Ports Authority to the tune of USD 553 million.
Adani Ports and Special Economic Zone Limited in a statement said that the US fund will support the development of a deepwater shipping container terminal in the Port of Colombo
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