Increased hub role for Colombo

Importer
Colombo: private-sector participation to double

These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.

As part of plans to position Colombo as a regional hub, private-sector participation is to double and capacity boosted from 2.2m TEUs in 2004 to 4m by 2009.