The construction work of the second phase of Eastern Container Terminal at the Colombo Port was inaugurated this morning (January 12) under the patronage of President Gotabaya Rajapaksa and Prime Minister Mahinda Rajapaksa.
The two leaders unveiled a plaque to mark the commencement of construction work at the terminal.
According to the President’s Media Division (PMD), the establishment of the terminal is expected to be completed in 2024 under three phases.
The Terminal which is spread over an area of 75 hectares is 1,320 meters long.
Once completed, the Sri Lanka Ports Authority (SLPA) will inherit a fully-fledged Terminal equipped with 12 STC cranes that handle operations from ships to the land and 40 Rail Mounted Gantry (RMG) Cranes.
The total expenditure expected to be spent for the project is USD 510 million and the Ports Authority will spend USD 200 million.
Access Engineering PLC and China Harbor Engineering Company LTD are jointly carrying out constructions.
