ECT to begin operations second half of next year

  • Sri Lanka likely to get US$500-800 mn soft loan from Japan 
  • Agreement for terminal operating company to be finalised within next three months

The East Container Terminal (ECT) is to be operational by second half of next year under the proposed terminal operating company (TOC) that will be jointly formed by Sri Lanka Ports Authority (SLPA), Japan and India in which SLPA would have 51 percent stake, SLPA Chairman Kavan Ratnayaka told Mirror Business.

The SLPA officials estimate that the first...

https://container-news.com/ect-begin-operations-second-half-next-year/

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