Sri Lanka – The Ports and Shipping Ministry this week sought Cabinet permission to rescind a 2016 bidding process for the deep water East Container Terminal (ECT) after squandering months on what started out as an effort to seal a public private partnership for the facility’s management.
Ports Minister Sagala Ratnayake presented the paper to the Cabinet this week, but notified ministers that he was withdrawing sections in the memorandum which also requested approval to buy container handling and...