SLPA signs US$700 million deal for new container terminal in Colombo

The Sri Lanka Ports Authority (SLPA) and Adani Ports and Special Economic Zone Limited (APSEZ) have signed a 35-year agreement to jointly develop the Colombo West International Container Terminal (CWICT) of the Port of Colombo (POC).

The Build-Operate-Transfer (BOT) agreement is worth more than US$700 million and constitutes the largest foreign investment ever in the port sector of Sri Lanka, with its premier diversified company, John Keells Holdings PLC, being a major foreign investor.

Sri Lanka...

https://container-news.com/slpa-signs-us700-million-deal-for-new-container-terminal-in-colombo/

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