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Firming up a strategic deal at the Colombo Port in Sri Lanka, the Adani Group will on Thursday sign a build-operate-transfer (BOT) agreement with its local partner John Keells Holdings and the Sri Lanka Port Authority (SLPA), to jointly develop its West Container Terminal (WCT). While the Adani Group has been in talks with John ...
Firming up a strategic deal at the Colombo Port in Sri Lanka, the Adani Group will on Thursday sign a build-operate-transfer (BOT) agreement with its local partner John Keells Holdings and the Sri Lanka Port Authority (SLPA), to jointly develop its West Container Terminal (WCT). While the Adani Group has been in talks with John Keells, one...
Thursday July 29, 2021 8:42 am Thursday July 29, 2021 8:42 am ECONOMYNEXT – A container terminal in Colombo Port backed by India’s Adani group is finalizing ‘design and structuring’ the consortium’s Sri Lanka partner, John Keells Holdings has said. Sri Lanka authorities earlier in 2021 gave a letter of intent to Adani Ports and Special Economic Zone Limited (APSEZ) and JKH to build operate and transfer the planned West Terminal of Colombo port. “..Work is progressing well towards meeting the conditions stipulated in the LOI, including finalisation of the project design and cost...
LOS ANGELES, California – “Together We Have the Power to Protect the Ocean” was the motto for Green Globe members, the Chaaya Tranz Hikkaduwa and the Bentota Beach Hotel, when on June 8, World O LOS ANGELES, California – “Together We Have the Power to Protect the Ocean” was the motto for Green Globe members, the Chaaya Tranz Hikkaduwa and the Bentota Beach Hotel, when on June 8, World Oceans Day was celebrated. For years, both Sri Lankan properties have been deeply committed to ocean conservation. The main objective of the World Oceans Day program is to increase awareness for the...
Monday July 19, 2021 5:51 am Monday July 19, 2021 5:51 am ECONOMYNEXT – Sri Lanka’s John Keells Properties, a unit of publicly traded John Keells Holdings said a three tower 891-unit apartment project in Colombo’s Union Place was on track for completion in 2023 amid a Coronavirus crisis. The TRI-ZEN branded development is a joint venture between Indra Traders (Pvt) Ltd and John Keells Properties. China State Construction Engineering Corporation Ltd is the contractor. “The past year has been extremely challenging for everyone in Sri Lanka given the huge range of complexities of oper...