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After Scrapping Eastern Container Terminal Agreement, Sri Lanka Offers Western Container Terminal For India And Japan


After Scrapping Eastern Container Terminal Agreement, Sri Lanka Offers Western Container Terminal For India And Japan
by Swarajya Staff - Mar 3, 2021 08:54 AM
Colombo Port (thetravelguru/Wikimedia Commons)
After scrapping an agreement to develop a strategic East Container Terminal (ECT) at the Colombo port with help from India and Japan, the Sri Lankan government has decided to offer the West Container Terminal (WCT) to Indian and Japanese companies.
According to the Sri Lankan government’s department of information, the Lankan cabinet “has approved the proposal to develop the West Container Terminal on Build, Operate and Transfer basis for a period of 35 years as a public-private partnership with Adani Ports and Special Economic Zone Limited and its local representative John Keels Holding PLC, and the Sri Lanka Ports Authority.” ....

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