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Bangladesh’s Summit misses out on Colombo port contract as Lanka bars foreign parties - bdnews24.com

Bangladesh’s Summit misses out on Colombo port contract as Lanka bars foreign parties - bdnews24.com: In the master plan of Colombo Port Expansion Project, the east container terminal has a 1,200m long quay wall, alongside the water depth of 18m and a yard capacity of 2.4 million TEUs.

In May 2015, the SLPA had completed, at a cost of $80 million, a 440m single berth as the first phase of the plan to meet the shortfall in the capacity of container handling in the port of Colombo.

Chances of the expansion project going to an Indian party receded when the���government suddenly said it needed to rewrite the tender conditions. Presumably, the government was under pressure from port trade unions and nationalists within the government who were against an Indian involvement.

The president’s decision on the Colombo terminal followed the port unions’ objections to the recently finalised deal on the Hambantota port with the Chinese company CMPort, and their threat to go on strike over it.
Bangladesh’s Summit misses out on Colombo port contract as Lanka bars foreign parties - bdnews24.comSocialTwist Tell-a-Friend

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