Export Compliance Daily is a service of Warren Communications News.

Sri Lanka Marks the Start of Second Phase of Construction for New Port in Capital City

Sri Lanka kicked off construction the morning of Jan. 12 on the second phase of the Eastern Container Terminal at the Colombo Port in the capital city of Colombo, Sri Lanka President Gotabaya Rajapaksa said in a news release. Construction…

Sign up for a free preview to unlock the rest of this article

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

on the terminal, which is planned to be rolled out in three phases, will wrap up in 2024 and will cover an area of 75 hectares. The port will come equipped with 12 service truck cranes and 40 rail mounted gantry cranes and will cost $510 million, with the Ports Authority contributing $200 million. Sri Lankan construction company Access Engineering and Chinese company China Harbor Engineering are building the terminal.