June 18, Colombo: Minister of Ports, Shipping and Aviation Services Nimal Siripala de Silva has stated that the Eastern Terminal of the Colombo Port will not be handed over to Adani Group of India.
At a media briefing, the Minister also asserted that the terminal will not be handed over to any other private company.
The Minister said that the Colombo Port East Terminal will continue to be operated under the Ports Authority and arrangements are being made to purchase several cranes from a Chinese company for its operations.
Mr. Nimal Siripala de Silva said that US $ 278 million is required for this purpose and that US $ 18 million has already been paid. >