Thursday, March 4, 2021

SRILANKA CLEAR S ADANI VENTURE TO DEVELOP COLOMBO PORT TERMINAL

 SRILANKA CLEARS ADANI VENTURE TO DEVELOP COLOMBO PORT TERMINAL 


Srilanka clear Adani venture to develop Colombo port terminal says india approved firm :

Port be built in Sri Lanka. India and Japan took the tender East cost terminal. Sri Lanka withdrew from the East Coast Terminal Agreement due to mutual differences and due to trade unions. Sri Lanka is now providing West Coast Terminal to India and Japan.

 three governments signed Japan Sri Lanka and India in this new agreement. 

Colombo is Sri Lanka's largest port; Japan and India tender for construction of new port; Sri Lanka  cancle tender due to Union Organization. And now Sri Lanka  signed  Agreement  with India and Japan in 2019 and  made changes in 2021, now Sri Lanka giving West Coast Terminal 

ADVANTAGE OF WEST COAST TERMINAL

 West coast terminal Developed more space has been found.
 Investment with Japan 
 We will be made, we will also operate 
85% participation will also be ours 


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