India and Japan wary COLOMBO: The Sri Lankan government has offered India and Japan 85% stake in the yet to-be-constructed West Container Terminal (WCT) in the Colombo port, Chairman of the Sri Lanka Ports Authority (SLPA), Maj.Gen (Retd) Daya Ratnayake has said. On February 1, the Sri Lankan cabinet had said that the WCT would be built and operated for 35 years by a consortium comprising the SLPA, India and Japan. The cabinet paper did not mention the stakes to be held by the three parties. The cabinet had offered the WCT to India and Japan in lieu of the East Container Terminal (ECT) which, it said, would be built and run solely by the SLPA.