China Merchants completes Colombo South Container Terminal project

Shanghai: Colombo South Container Terminal Project, invested and managed by China Merchants Holdings, has been completed following more than two years construction.

Colombo International Container Terminals Ltd (CICT) is a joint venture between China Merchants Holdings (International), Aitken Spence PLC of Sri Lanka and Sri Lanka Ports Authority (SLPA). CICT was awarded the tender to construct and operate the Colombo South Container Terminal for a period of 35 years, after which the terminal would be handed over to the Sri Lanka Ports Authority.

Colombo South Container Terminal has four berths with total capacity of 2.4m teu, and it is the only port in Sri Lanka able to service the mega container ships with over 14,500teu capacity. [23/04/14]

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