The Sri Lankan government will spend around US$132 million on port development projects, as stated by the minister of ports, shipping, and aviation Nimal Siripala de Silva.
According to the minister, these investments would be made through revenue generated from port operations.
During an event in Colombo, the capital city of Sri Lanka, Nimal Siripala de Silva said the government has allocated over US$100 million for the Eastern Container Terminal and US$32 million for the Jaya Container Terminal.
https://container-news.com/sri-lankan-government-invests-us132-million-on-port-development/