Printer Friendly
Email a Friend
Colombo's facelift
01 Jan 2006
The government of Sri Lanka is to invest US$1bn in order to boost capacity at Colombo to 4m TEUs. This will involve the construction of the Colombo South Harbour project which will occupy a 600-hectare site. The facility, which will have 12 berths, is to be developed in two phases.
The first, which will involve US$350m of public funds, will concentrate on implementing basic infrastructure, while the US$700m phase two will involve private sector participation in outfitting the actual box terminals.
