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The 2.4 million TEU capacity Colombo South Container Terminal, the first terminal under new expansion in the Port of Colombo is built by Colombo International Container Terminals Ltd., (CICT), a joint venture company between China Merchants Holdings (International) Co., Ltd. (CMHI) and the Sri Lanka Ports Authority (SLPA). It is developing the ...
The terminal was founded in 1999 as a joint venture on a 30-year Build Operate Transfer concession and started its operations on 5 September 1999 developing the Queen Elizabeth Quay in the Port of Colombo. [3] SAGT is the largest private sector investment in Sri Lanka and is also the first public-private partnership unit container terminal in ...
Port of Colombo: Colombo: Largest port in the country ... Regional Port Port of Point Pedro: ... Map all coordinates using OpenStreetMap. Download coordinates as: KML ...
Port of Colombo is a key port between Africa, the Middle East and East Asia and handled 6.94 million 20-foot equivalent unit (TEU) in 2023, a 2% jump for the year, SLPA data showed. In December ...
Container handling at the Port of Colombo. Sri Lanka has deep-water ports at Colombo, Hambantota, Galle and Trincomalee. Colombo has the highest cargo volume, with an estimated capacity of 5.7 million TEUs. The port began a large-scale expansion project at a cost of US$1.2 billion in 2008 to increase its capacity and capabilities. [27]
The Sri Lanka Ports Authority Act No. 51 of 1979 established the SLPA by amalgamating Colombo Port Commission, Port (Cargo) Corporation and Port Tally and Protective Services Corporation. [ 4 ] [ 5 ] The purpose of SLPA was to develop, maintain, operate and provide port and other services in the ports of Colombo, Galle, Trincomalee and other ...
The vast majority of containers moved by large, ocean-faring container ships are 20-foot (1 TEU) and 40-foot (2 TEU) ISO-standard shipping containers, with 40-foot units outnumbering 20-foot units to such an extent that the actual number of containers moved is between 55%–60% of the number of TEUs counted.
As a Special Economic Zone (SEZ) governed by the Colombo Port City Economic Commission (CPCEC), Port City Colombo aims to be a business-friendly environment for investors. . The SEZ includes tax incentives and exemptions of up to 25 years for Businesses of Strategic Importance (BSIs), transactions in 16 designated foreign currencies with no capital or exchange controls, 100% foreign ownership ...