Wed, 01 Dec 2021 Today's Paper

Govt. approves operating ECT as SLPA’s fully-owned container terminal

2 February 2021 10:32 am - 1     - {{hitsCtrl.values.hits}}

A A A

While Operating the East Container Terminal (ECT) as a wholly-owned container terminal of the Sri Lanka Ports Authority (SLPA), steps will be taken to develop the West Container Terminal (WCT) as a Public-Private Partnership (PPP) with the Indian and the Japan governments nominated parties.

The announcement was made today at the weekly cabinet briefing held at the Information Department.

Cabinet co-spokesman Keheliya Rambukwella said the Cabinet Ministers have approved a proposal to appoint a negotiating committee on October 26, 2020, to evaluate an investment proposal submitted by an Indian investor following provisions of the agreement. 

Accordingly, the Cabinet Ministers have approved the following proposals tabled by the Ports and Shipping Minister as per the recommendations furnished by the aforesaid negotiating committee, he said.

Operating the ECT as a wholly-owned container terminal of the SLPA, Minister Rambukwella said. 

Taking necessary steps to develop the West Container Terminal (WCT) of the Colombo Port based on operating and developing as a Public-Private Partnership (PPP) and return it within 35 years together with the Indian and the Japan governments nominated parties and the SLPA in compliance with the International Agreements signed by the Sri Lankan Government to develop the Colombo Port as a competitive entity in the region. (Chaturanga Samarawickrama)

  Comments - 1

  • Jude Tuesday, 02 February 2021 10:52 AM

    Gov't in turmoil !!


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter

Bittersweet memories of a ‘City that never slept’

At the heart of Eastern Province lies a now abandoned ghost town punctuated w