Adani, JKH to start work on WCT at Colombo Port in December Source:FT India’s Adani Ports and Special Economic Zone (APSEZ) will commence construction of West Container Terminal (WCT) at Sri Lanka’s Colombo Port in December, according to a report in Ship Technology. APSEZ will invest more than $ 675.68 million, what is said to be its second international project after Myanmar. In March, the company obtained a letter of intent from the Sri Lankan Government for the construction of the 3.5 million 20-foot equivalent unit (TEUs) capacity terminal. Officials told Business Line that the concession agreement for the 35-year build, operate and transfer (BOT) contract is scheduled to be signed in November. ...
Aug 30, 2021
Posted
elanka Finance
Tagged Adani Ports and Special Economic Zone, John Keels Holding, West Container Terminal
