Hirunews Logo
New+international+terminal+of+Colombo+harbour+inaugurated+today.+
Monday, 05 August 2013 - 8:08
New international terminal of Colombo harbour inaugurated today.
32

Shares
3,933

Views

A 500 million dollar Colombo South Harbour will open today.

 

The massive terminal in Colombo is located mid-way on the lucrative east-west sea route and has facilities on a par with Singapore and Dubai.

 

The Colombo International Container Terminal, which is 85 percent, owned by the state-run China Merchant Holdings International, is designed to handle mega ships, a first for Sri Lanka which is aiming to become the region’s shipping hub.

 

Priyath Bandu Wickrama, Chairman, Sri Lanka Ports Authority (SLPA), said that shippers in India could save up to four days by routing their cargo through Sri Lanka rather than using Singapore or Dubai.

 

The SLPA is pouring millions of dollars into infrastructure around the island and says it is on course to increase container handling capacity by 1.6 million containers to 6.4 million by April.

 

It hopes to have a container capacity of 10 million by 2020, while revenue is forecast to triple to one billion dollars by 2020.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
News Image
Hiru News Programme Segments
688 Views
1,335 Views
1,648 Views
38,773 Views
1,421 Views
39,803 Views
Top