The Government of Sri Lanka has announced the dredging of the West Container Terminal (WCT) of the Colombo port in Sri Lanka.
Conglomerate John Keells Holdings owns 34% of WCT, Indian Adani Group holds a 51% stake in WCT and the remaining 15% of the stake will be owned by the Sri Lanka Ports Authority (SLPA). The Adani Group also planned to build the East Container Terminal (ECT), however powerful port unions pushed for the terminal to be built by the state.
The first phase of the project is planned to be completed in the Q3 of 2024, the project will be completed by the end of 2025.
Country updates
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November 10, 2022
Construction started for Western Container Terminal (WCT) Project in Colombo
Colombo West International Terminal Pvt. Ltd has said that have started the construction work of the Colombo Port's Western Container Terminal (WCT) in Sri Lanka. The consortium respon...
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September 02, 2022
Sri Lanka to re-establish National PPP Agency
The Government of Sri Lanka has announced the re-establishment of the National Agency for Public Private Partnership (NAPP). Sri Lankan President Ranil Wickremesinghe, in the interim budget spee...
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March 22, 2021
Sri Lanka awards West Container Terminal PPP concession
Sri Lanka Ports Authority has awarded a Letter of Intent (LOI) to Adani Ports and Special Economic Zones Ltd. (APSEZ) for the development and operations of West Container Terminal (WCT) in Colomb...
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October 06, 2020
Sri Lanka cancels LRT PPP project in Colombo
The Government of Sri Lanka has cancelled the development of a Light Rail Transit (LRT) network in western Colombo. The government stated that the project would destroy many household and business pre...
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July 15, 2020
RFP launched for Yacht Marina in Port of Galle
The Sri Lanka Ports Authority (SLPA) has launched a request for proposal (RFP) seeking a private partner to develop, maintain, operate, and provide port and other services in the Port of Gal...
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