Sri Lanka to build new deepwater container terminal
thuesday 23 Feb 2010
The Chairman of the Sri Lanka Ports Authority (SLPA) Priyath Wickrama has said that the port was in the final stages of negotiations with a private investor consortium, led by China Merchant Holdings, for the construction of a new deepwater container terminal.

After many years of delay, the port authority only managed to attract one bidder for the project, which covers the design and construction of the terminal.

A new port has been urgently needed to expand handling capacity and handle larger containerships being deployed on new routes. The new port would increase cargo handling capacity with the addition of three new terminals.
Mr Wickrama said that the port aimed to handle four million TEU by this year.
 
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