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
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.
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