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Trinco Port to be devloped as industrial harbour Source:dailymirror.lk Expressions of interest have been called from private investors to develop the Trincomalee Port as an industrial port, Sri Lanka Ports Authority (SLPA) Chairman Prasantha Jayamanne said today. “There are 2400 hectares of land in Trincomalee Port and we have called for expressions of interest from the potential investors to develop it as an industrial port. We are mainly focusing on local investors,” Jayamanne told a press conference. At the same time Mr. Jayamanne and heads of private terminals and a major stakeholder Ceylon Association of Shipping Agents claimed that Colombo Port is functioning smoothly despite the FOREX issue. “We have decided to allow local customers who face issues to make payments in rupees instead of dollars,” he said. The SLPA earlier notified all customers to make payments in dollars. He said this concession will be given to local customers only. ...

Jun 1, 2022 Posted by In Articles Tagged , , , , , ,
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Gravitas: China-backed Lankan port hits legal snag   Sri Lanka’s Supreme Court has blocked the Colombo port bill, saying parts of the proposal violate the constitution. What does this mean for China’s ambitious port city? Is it another Hambantota in the making? WION’s Palki Sharma tells you.   ...

May 24, 2021 Posted by In Articles Tagged ,
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Sri Lanka halts port deal with India and Japan-By Bharatha Mallawarachi The Hambantota Port, which the Sri Lankan government handed over to China when it couldn’t repay its debt, in Hambantota, Sri Lanka. Source:Theage Colombo: Sri Lanka on Tuesday scrapped a deal to develop a major port terminal with India and Japan amid weeks-long protests by trade unions and opposition parties while India called on its neighbour to honour the agreement. Sri Lanka had previously agreed to develop the strategic East Container Terminal at the Colombo port with India and Japan. Under the deal, India and Japan were to own 49 per cent of the terminal’s shares while Sri Lanka’s Ports Authority would retain the majority stake. ...

Feb 4, 2021 Posted by In Articles Tagged ,
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Colombo Port: A Game Changer for Sri Lanka-By Sulochana Ramiah Mohan Source:Ceylontoday The 184-hectare Colombo Port is the busiest port in the South Asian region and it is the instant revenue making body of Sri Lanka. The Sri Lanka Port Authority (SLPA) journeyed through several setbacks and challenges to grow up to what it is now – reaching to be one of the best ports, and in fact in 2017 reached the 13 rank in the global Best Connectivity rankings from the rank 18 and for this year the Sri Lanka Ports Authority won the GPF Awards for Port Authority of The Year and Port Infrastructure Development of the Year 2020 for the third consecutive year at the Global Port Forum Awards 2020 held at the Hyatt Regency Dubai Deira, in the United Arab Emirates. The Port of Colombo was ranked as the world’s number one container growth port among ...

Nov 17, 2020 Posted by In Articles Tagged , ,
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