President of Sri Lanka Gotabaya Rajapaksa and prime minister Mahinda Rajapaksa have announced the commencement of construction work for the second phase of the East Container Terminal (ECT) at the Colombo Port.
Construction of the terminal, which will be conducted in three phases in a project of US$510 million, is scheduled to be completed in 2024.
The total expenditure expected to be spent for the project is US$510 million and the Sri Lanka Ports Authority (SLPA) will spend US$200 million,...
https://container-news.com/second-phase-of-colombo-east-container-terminal-construction-begins/