WCT 2 open for investments; ECT to remain in SLPA’s hands

While inviting the private sector to invest in West Container Terminal 2 (WCT 2), the government gave assurance that the ownership of East Container Terminal (ECT) would remain in the hands of the Sri Lanka Port Authority (SLPA).

Ports, Shipping and Aviation Minister Nimal Siripala De Silva revealed there is a growing number of inquiries from the private sector, international agencies and shipping industry players on the possible sale of Jaya Container Terminal (JCT).

“ECT is the most valuable asset in the Port of Colombo. We are going to manage it in a different style, not in the traditional manner. It’s going to be an independent terminal,” he said while further noting that the SLPA would manage ECT as similar to a private sector terminal.
Meanwhile, he invited the private sector to invest in WCT 2, which sits next to WCT 1. 
“Next to that (WCT 1), WCT 2 is also open for any investments,” he said. 

(NF)