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Sri Lanka Clears Adani Venture to Develop Colombo Port Terminal, Says India Approved Firm
Lankan government decision is also seen as tied to concerns about ensuring Indian support on war crimes resolution at the UN Human Rights Council.
A section of the Colombo port. Photo: www.slpa.lk
New Delhi: A month after India and Japan were banished from developing Colombo portâs strategic east container terminal, Sri Lanka on Tuesday approved a joint venture with the Adani group to build and operate Colombo Portâs West Container Terminal (WCT) for 35 years.
The Sri Lankan cabinet announced that it had approved a proposal made by Adani Ports and Special Economic Zone Limited to develop the WCT as a public-private partnership project with the Sri Lanka Ports Authority.Â