Surprised over GoSL statement on WCT ; Sources
Surprised over GoSL statement on WCT ; Sources
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Colombo (News 1st); Official sources have expressed surprise at the mention of the approval by the Indian High Commission to Sri Lanka with regard to the Public-Private Partnership with the Adani Ports and Special Economic Zone Limited on the West Container Terminal project of the Colombo South Port.
Sources stressed that the investments in Sri Lanka are purely decided by the Government of Sri Lanka and not the Indian High Commission.
On Tuesday (02), the Cabinet of Ministers granted approval for the proposal to develop the West Container Terminal of the Colombo with Adani Ports and Special Economic Zone Limited (APSEZ Consortium) and its local representative and the Sri Lanka Ports Authority.
After Scrapping Eastern Container Terminal Agreement, Sri Lanka Offers Western Container Terminal For India And Japan
by Swarajya Staff - Mar 3, 2021 08:54 AM
Colombo Port (thetravelguru/Wikimedia Commons)
After scrapping an agreement to develop a strategic East Container Terminal (ECT) at the Colombo port with help from India and Japan, the Sri Lankan government has decided to offer the West Container Terminal (WCT) to Indian and Japanese companies.
According to the Sri Lankan governmentâs department of information, the Lankan cabinet âhas approved the proposal to develop the West Container Terminal on Build, Operate and Transfer basis for a period of 35 years as a public-private partnership with Adani Ports and Special Economic Zone Limited and its local representative John Keels Holding PLC, and the Sri Lanka Ports Authority.â
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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
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Colombo (News 1st); The Cabinet of Minister granted approval for the proposal to develop the West Container Terminal of the Colombo Port on a Build, Operate and Transfer basis for a period of 35 years as a public-private partnership with Adani Ports and Special Economic Zone Limited (APSEZ Consortium) and its local representative John Keells Holdings PLC and the Sri Lanka Ports Authority.
According to a document issued by the Department of Government Information on the 01st of February 2021 the cabinet approved to develop the West Container Terminal of the Colombo South Port as a Public-Private Limited Company in collaboration with the Sri Lanka Ports Authority and parties nominated by the Indian and Japanese Government.