SLPA Invites Proposals For Second Terminal
News: The Sri Lanka Ports Authority (SLPA) is seeking proposals for construction of Colombo South Harbour's second terminal by 2017. Colombo harbour will have the capacity to cater to 10mn 20-foot equivalent units (TEUs) by 2020 after the completion of the ongoing Colombo South Harbour expansion project. The port currently has the capacity to handle annual throughput of 4.2mn TEUs; it has already completed an infrastructure project worth US$400mn at Colombo South Harbour and it is likely to start operations by end-April, according to SLPA chief engineer Susantha Abeysiriwardena. Meanwhile, the first phase of the South Container Terminal would possibly begin operations by July; the project is estimated to include a total construction cost of US$500mn.