Indiasrilankalatest
India – Sri Lanka Relations Latest A dani Ports and Special Economic Zones Ltd has received a Letter of Intent from Sri Lankan authorities for the development and operations of West Container Terminal – WCT in Colombo. The WCT will be developed on a Build, Operate and Transfer basis for a period of 35 years as a public-private partnership. The project is expected to boost WCT’s container handling capacity and further consolidate Sri Lanka’s locational advantage as one of the world’s top strategic nodes along the busiest global transshipment route It is expected to be mutually benefitted from the string of 7 container terminals across its 12 ports that Adani operates along the Indian coastline handling an annual volume of over 6 million TEUs. It will multiply and accelerate the transshipment options that will become available to serve various shipping lines and other potential port customers across the South Asian waters, benefiting both, India and Sri Lanka in multiple wayThe Govern