The government is gearing to fast-track the development of East Container Terminal (ECT) at the Port of Colombo jointly with Japan and India with the setting up of a terminal operating company (TOC), ensuring that the full ownership of ECT will remain with Sri Lanka. According to informed government sources, Sri Lanka Ports Authority (SLPA)…

The Ceylon Association of Shipping Agents (CASA) yesterday welcomed the proposed new revival deal for the East Container Terminal as part of the expansion of the Colombo Port. Minister of Ports and Shipping Sagala Ratnayaka at a recent inspection tour of the Sri Lanka Ports Authority (SLPA) emphasised on the importance of expanding the Colombo…

Sri Lanka, Japan and India will soon finalise the specific terms to jointly develop the East Container Terminal (ECT) of the Colombo Port. The representatives of the three countries last week signed a Memorandum of Cooperation (MoC) to jointly develop the ECT.
“The three governments will work out details based on the MOC at joint working group meetings…