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SLPA plans new logistics hub at Colombo Port under PPP model

From Daily Mirror ·
Headline from Daily Mirror
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SLPA plans new logistics hub at Colombo Port under PPP modelPhoto: Daily Mirror

AI summary · 2 min read

2 min readFrom 1 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: Daily MirrorWritten by AI from Daily Mirrorthese 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.

  1. Lanka Business Online · Sri Lanka Outlines Strategic Development Plans for Colombo Port East and West Terminals
  2. Daily Mirror · Colombo logistics centre targets US $ 400mn investment
  3. Lanka Business Online · United States Announces $17 Million Investment to Modernize Port of Colombo to Reduce Shipping Costs
  4. Daily Mirror · SLPA plans new logistics hub at Colombo Port under PPP model

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