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CASA optimistic about proposed new terminal

CASA optimistic about proposed new terminal View(s):Minister of Ports and Shipping Sagala Ratnayaka at a recent inspection tour of the Sri Lanka Ports Authority, emphasised the importance of expanding Colombo Port’s capacity to ensure the port’s sustainable growth. Immediate measures should therefore be taken to operationalize the ECT which is designed as a deep water terminal. It is disappointing that no strategic decisions pertaining to the expansion of the Colombo Port’s capacity was made during the last few years despite the industry highlighting the urgency. “A second deep water terminal is a must for Colombo as we are facing the risk of losing cargo for regional competitors. As Sri Lanka gears up to become a regional hub, many other countries are turning to port development to accommodate growing volumes.

Source: Sunday Times June 08, 2019 19:12 UTC