Tue, 07 Dec 2021 Today's Paper

Cabinet nod for ECT development with SLPA’s full stake

WTC to be developed with India

1 February 2021 09:02 pm - 8     - {{hitsCtrl.values.hits}}

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The Cabinet today has approved a proposal to develop the East Container Terminal of Colombo Port fully under the control of Sri Lanka Ports Authority, but the West Container Terminal with a private investor as pledged in President Gotabaya Rajapaksa’s apology manifesto titled ‘Vistas of Prosperity and Splendour, a top source said.

The Cabinet discussed the trade union crisis triggered by the move to develop the ECT with an Indian company.

However, the ECT will be developed by the SLPA in three stages within three years. The source said the WTC would be developed in partnership with India under a business model similar to the one that was signed with the Chinese company for the development of Colombo International Container Terminal. (Kelum Bandara)

  Comments - 8

  • Dhammika Panniya Works Monday, 01 February 2021 09:15 PM

    24hrs later.. “Government Denies Ever Agreeing to Such an Agreement”

    Tamil Monday, 01 February 2021 09:41 PM

    Tamils of North and East are completely against Indians playing any part in the development of the ECT.

    Dee Monday, 01 February 2021 09:50 PM

    LoL!

    RoaringCreek Monday, 01 February 2021 10:01 PM

    It is just buying to to get the workers back to work. India is gunning for it. Or maybe bundles of crisp notes passed and .....

    Ranaweera Tuesday, 02 February 2021 01:12 AM

    Wait and see. when Sajith and party comd to power they will sell the whole thing.

    Ram Tuesday, 02 February 2021 02:20 AM

    We believed many of the promises and elected them. None of the promises fulfilled. Do we believe them now on this issue?

    Demuni Uduwara Tuesday, 02 February 2021 02:36 AM

    Anyway, India is still in the drama .

    Aristotle Tuesday, 02 February 2021 11:16 AM

    Thanks to the trade unions and national organizations for saving us 'for the moment.' Otherwise we were unsure what flag to be hoisted on our independence day of 2021.


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