header logo
Asia asset finance
Mogo Academy
Latest
Embrace future, leave past two years to critics - PM
Jan 12, 202207:38 PM
Embrace future, leave past two years to critics - PM

Prime Minister Mahinda Rajapaksa today (January 12) appealed to the public not to ponder on the past two years lost due to the COVID-19 pandemic and to keep hopes for the next three years instead.

 

“The past has value only to the Opposition. We must always embrace the future, not the past,” he said addressing the inauguration of the construction of Eastern Container Terminal at the Colombo Port this morning.

 

The event was held under the patronage of President Gotabaya Rajapaksa and PM Mahinda Rajapaksa.

 

The prime minister emphasized that no one should give up hopes or optimistic thoughts that they have about the country.

 

“We should embrace the future, leaving the past two years to the critics,” he added.

 

The President and the Prime Minister unveiled a plaque marking the commencement of construction work at the Terminal.

 

Construction work of the terminal, which will be conducted in three phases, is scheduled to be completed in 2024. 

 

The terminal stretches over an area of 75 hectares and 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 construction of the terminal.

 

The Port of Colombo is currently ranked 23rd in the world according to the Alphaliner’s Ports Ranking. Addressing the gathering, Minister of Ports and Shipping Rohitha Abeygunawardena said the Colombo Port will be ranked 13th after the completion of the new development work.

 

The event was attended by members of the Maha Sangha, other religious leaders, Cabinet and state ministers, governors, ambassadors, parliamentarians, people’s representatives and government officials.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

Sri Lanka records 5.1% GDP growth in 1Q 2026; Agriculture, industry & services sectors expand: CBSL

Sri Lanka records 5.1% GDP growth in 1Q 2026; Agriculture, industry & services sectors expand: CBSL

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Lassana Flora