Tuesday, March 2, 2021 - 15:00
Cabinet of Ministers approved a proposal made by Ports and Shipping Minister to develop the West Container Terminal on Build, Operate and Transfer basis for a period of 35 years as a public –private partnership with Adani Ports and Special Economic Zone Ltd (APSEZ Consortium) and its local representative John Keels Holding PLC (APSEZ Consortium) and Sri Lanka Ports Authority.
Cabinet approval has been granted to develop the West Container Terminal of the Colombo South Port as a public-private Ltd. Company in collaboration with the Sri Lanka Ports Authority and parties nominated by Indian and Japanese Governments and also to appoint a negotiation Committee and a project committee to evaluate the proposals in this regard.
