(EnergyAsia, August 19 2011, Friday) — Chinese interest will be supporting Sri Lanka Ports Authority (SLPA) in jointly developing a US$500 million port terminal in the capital city of Colombo to turn it into a major transhipment hub for the region.Colombo International Container Terminal (CICT), a Sino-Lanka joint venture, has signed a 35-year deal with…
SRI LANKA: Joint venture with Chinese firm to develop US$500 million port terminal
Posted on August 19, 2011 by EnergyAsia