China Merchants Holdings (International) Co (CMHI) and the Sri Lanka Ports Authority is developing Colombo South Container Terminal, the first terminal under new expansion in the Port of Colombo.
Adani Group holds a 51 per cent stake in the West Container Terminal (WCT) of the port, Sri Lankan conglomerate John Keells Holdings owns 34 per cent and the rest is held by state-run Sri Lanka Ports Authority.