Cabinet decision on ECT irreversible, SLPA can take over SAG

Cabinet decision on ECT irreversible, SLPA can take over SAGT-Wimal – UK TAMIL NEWS


By Shamindra Ferdinando
National Freedom Front (NFF) leader Wimal Weerawansa, MP, yesterday (2) said that the party that controlled the East Container Terminal (ECT) would be in a position to take over the neighbouring South Asia Gateway Terminal (SAGT) in a couple of years in terms of an agreement between the government and Sri Lanka’s first public-private container terminal.
The SAGT operation was launched in 1999 during President Kumaratunga’s tenure at the height of the war.
The Board of Investment flagship SAGT consists of approximately 60% Sri Lankan shareholding, and is backed by John Keells Holdings, APM Terminals, Peony Investments (subsidiary of Evergreen Marine Corporation) and the SLPA.

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Sri Lanka , Sri Lankan , Shamindra Ferdinando , Wimal Weerawansa , National Freedom Front , Evergreen Marine Corporation , John Keells Holdings , Freedom Front , East Container Terminal , South Asia Gateway Terminal , President Kumaratunga , Peony Investments , ஸ்ரீ லங்கா , ஸ்ரீ லங்கன் , தேசிய சுதந்திரம் முன் , பசுமையான கடல் நிறுவனம் , சுதந்திரம் முன் , கிழக்கு கொள்கலன் முனையத்தில் , தெற்கு ஆசியா நுழைவாயில் முனையத்தில் , பீயநீ முதலீடுகள் ,

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