First Phase of the Western Container Terminal to Be Operational In 2024

2022-09-15 11:32:44 Container Terminal News

Operation of the first phase of Sri Lanka’s Western Container Terminal (WCT) will be commenced in 2024, the Colombo West International Terminal (CWIT) Pvt. Ltd.

During a meeting held with the Minister of Ports and Aviation Nimal Siripala de Silva, the Company announced that the entire work of the project is expected to be completed in 2025.

Adani Ports and Special Economic Zone Ltd (APSEZ) signed the build-operate-transfer (BOT) agreement in September last year to develop and operate the West Container Terminal with its local partner John Keells Holdings (JKH) and the Sri Lanka Ports Authority (SLPA), with an investment of US$ 700 million.

APSEZ will hold a 51% stake in the terminal and John Keels Holding will own 34%. The remaining 15% of the stake will be owned by the Sri Lanka Ports Authority (SLPA).

In the first phase an 800 meter long and 20 meter deep quay that can handle 1.6 million TEUs annually will be constructed.

Another highlight here is the upgrade to enable cranes to be operated remotely from a main control room.

When completed this deep water terminal, with a quay length of 1,400 meters, an alongside depth of 20 meters will have an annual capacity of approximately 3.2 million TEUs.

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