The Sri Lanka Ports Authority (SLPA) observes recent reports in the press about the envisaged Memorandum of Cooperation (MoC) between the three governments of Sri Lanka, Japan and India on the East Container Terminal of the Port of Colombo and makes the following release to both clarify and inform interested stakeholders.
Firstly, the Authority believes that the envisaged MoC demonstrates Sri Lanka’s ability to maintain and further its’ national interests while cooperating with International...
The Port of Colombo has been ranked as the world’s fastest growing port among the top 30 container ports for the first half of 2018. This is a positive sign of the development of the shipping and ports industry of the country where Sri Lanka covers a huge portion of its annual dollar requirement. In the wake of these positive signs it is important defining the challenges for the proposed East Container Terminal (ECT).
President Sirisena and Ports and Shipping Minister Mahinda Samarasinghe had...
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