Colombo port income used for H’tota loan settlement: Minister

21 December 2015 01:24 pm - 10     - {{hitsCtrl.values.hits}}


Though the Colombo Port has earned an income of Rs.26 billion this year, a significant portion of it will go to settle a loan obtained from the Chinese government for the construction of the Hambantota Port, Ports and Shipping Minister Arjuna Ranatunga today said.

Addressing the media in Colombo Port, after ceremonially marking the handling of the five millionth container at the port, the minister said the means to improve the welfare of port employees had also been hindered because of the issue.

“Even with inadequate and old equipment, the efforts of our employees had borne fruit. That’s why we have been able to handle more containers than last year.  Though we have earned Rs.26 billion this year, we have to utilize them at harbours where there are losses and Hambantota Port is the main issue. We will have to keep paying for years to settle the loan obtained for that harbour,” he said. (Lahiru Pothmulla)
Video by Danushka

Pix by Pradeep Dilrukshana

  Comments - 10

  • karsha Tuesday, 22 December 2015 11:36 AM

    What ever he said that is the truth

    nan Tuesday, 22 December 2015 12:24 PM

    did some MP say during the elections in the parliament that only rs 100,000 was the only income from the port and this is a white elephant.

    aro Tuesday, 22 December 2015 12:25 PM

    so finally the minister accept MR work

    sira Monday, 21 December 2015 07:20 PM

    Aiyo complain and compalin 1 year thats all ...

    Hora Ranatunge Monday, 21 December 2015 08:48 PM

    We thought it is for Ranatunge and company

    sarath Monday, 21 December 2015 08:51 PM

    can you do this with your brother chairmen of SLPA without any shipping experience or knowledge

    HillaryWhyte Monday, 25 January 2016 03:11 AM

    Today I am a happy man, although being into politics is very stressful but we never give up until the battle is over. I just want to quickly use this medium to say a big thanks to Anthony Weslie Loan Company for making my race a success. I never thought I could get such a huge amount of loan, but this company gave me the loan without any stress. My success came as a result of the loan I took from this company. The CEO Mr Anthony Weslie, I use this medium to say I owe you a lot. Thanks and God bless you sir. In case you are out there, you are financially stocked up, and you need a loan to relief you of your financial stress I strongly recommend you to Anthony Weslie Loan Company. You can contact them directly through their website or email them at God bless you all.

    chandra Monday, 21 December 2015 10:31 PM

    Criticism only. No new work started yet. You hacve stopped so many project. via DM Android App

    onlooker Tuesday, 22 December 2015 09:25 AM

    Yes,yes, Aruna and his brothers are trying to ship everything.

    BV Monday, 21 December 2015 11:20 PM


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