SLPA plans new logistics hub at Colombo Port under PPP model
From Daily Mirror ·
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6 outlets · 16 reports · latest EN 6SI 2TA 1English 6 · Sinhala 2 · Tamil 1 · all privateOwners: all private.
Photo: Daily MirrorAI summary · 2 min read
2 min readFrom 6 outlets- China Merchants Port Holdings, Access Engineering and the Sri Lanka Ports Authority were the venture’s shareholders.
- Access Engineering expects to recover about Rs.1.453 billion of its roughly Rs.1.762 billion investment.
- The settlement provides for contract termination and the winding up of the project company.
- The Sri Lanka Ports Authority plans to pursue a new logistics hub under a public-private partnership.
Based on: Newswire, Daily Mirror, EconomyNext, LBO, Ada Derana, Hiru NewsWritten by AI from Newswire, Daily Mirror, EconomyNext, LBO, Ada Derana, Hiru Newsthese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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Earlier coverage
Reports on the same subject from the months before this story.
- Lanka Business Online · Sri Lanka Outlines Strategic Development Plans for Colombo Port East and West Terminals
- Daily Mirror · Colombo logistics centre targets US $ 400mn investment
- Lanka Business Online · United States Announces $17 Million Investment to Modernize Port of Colombo to Reduce Shipping Costs
- The Sunday Times · China Merchants logistics hub project off; SLPA agrees to $21.9m settlement deal
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