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Chinese company got the contract for Colombo port’s container terminal

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Chinese company got the contract for Colombo port’s container terminal

Colombo, Nov 24 (PTI) A Chinese state-owned company has been awarded the contract for the construction of the Eastern Container Terminal of Colombo Port in Sri Lanka.

The Government of Sri Lanka on Wednesday announced the award of the contract for the construction of this terminal to China Harbor Engineering Company of China. In a cabinet decision, the contract for the construction of this terminal was awarded to the Chinese company in several phases.

However, it has not been told by the Sri Lankan government that how much is the value of this contract. It declared the Chinese state-owned company the winner among several bidders.

The issue of development of this terminal of Colombo port has also been the subject of political controversy. Sri Lanka had canceled the tripartite agreement with India and Japan for the construction of this container depot a few months back.

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