Colombo Port East Container Terminal Development

Colombo Port East Container Terminal Development Project

Locations

Type

Seaport

Status

Under Construction

Total Reported Cost

500.0 million USD

Initiatives

Start Date

Feb. 23 2016

Start of Construction

Planned Completion Date

Contractors

Consultants

Funders

Source(s) Amount

Description

In February 2016, the Asian Development Bank and the Sri Lanka Ports Authority signed an agreement to develop the East Container Terminal (ECT) of Colombo Port through public–private partnership (PPP). The ECT project will include the operationalization of the existing 400 meters of deep water berth and the full design, build, finance, operation, and maintenance of the remaining 800 meters of berth.

As of May 2019, Sri Lanka, Japan and India are in talks to jointly develop and operate the East Container Terminal at the Colombo Port.