The Sri Lankan Port authority which owns the Colombo Port has invited
expression of interest from Investors to put in five hundred million US dollars
to complete the prestigious East container terminal of Colombo Port, a decision
which has come under criticism from the opposition members in the island
A Janata Vimukthi Perumuna member had alleged this is the backdoor method
to hand over the terminal to Adani group of India. The member opposed any move
to hand over the terminal to a foreign company.
So far the berth
length of 440 meters have been completed in the East terminal against the
proposed length of 1320 meters Minister said
Sri Lankan newspaper has quoted the country's Minister for Ports and
shipping Rohitha Abeygunawardene telling the country's parliament that so far
the berth length of 440 meters have been completed in the East terminal whose
proposed length is 1320 meters.
He said Sri Lanka needs to complete this terminal by next year. If not it
will face the challenge of companies that are doing business through its hub
moving elsewhere. The ownership of the jetty will remain with the Sri Lankan
government, according to the report published in a Sri Lankan daily.