Can the agreements reached regarding the East Container Terminal be reversed?

Can the agreements reached regarding the East Container Terminal be reversed?

Can the agreements reached regarding the East Container Terminal be reversed?

Written by Staff Writer

24 Dec, 2020 | 9:40 pm

COLOMBO (News 1st): Final plans to develop the Kankasanthurai Port which is currently in-operational through an Indian loan have been drawn up against the backdrop where the Palali airport is currently under development through an agreement with India.

In July 2019, the Government of Sri Lanka completed the first phase of development work for Rs. 226 million, and India agreed to provide Rs. 3 billion to complete the second phase of the Palali Airport.

It is against this backdrop that the Eastern Terminal of the Colombo Port is being prepared to be handed over to the Indian Adani Group.

The investment is already being studied by two committees.

“A Cabinet paper has been tabled in this regard. And it does mention anything about handing this terminal over to the Adani Group of Companies,” Chairman of Port Workers Association Prasanna Kalutarage said.

Speaking on the matter Minister of Public Security Retired Rear Admiral Dr. Sarath Weerasekera said “400m of the East jetty has already been built by the Port Authority. And if we construct the rest with our own money, it will be the only and the first terminal in the world with 2 jetties of 15m and 18m long.”

Meanwhile, the Minister of Trade Bandula Gunawardena said the government must decide whether it will collaborate with India and gain more benefit, as many containers that are imported are re-exported to India.

Ven. Prof. Medagoda Abhayatissa Thero from the National Intellectual Bhikkhu Forum said the country is in a fierce struggle with the government against handing over of the Eastern Terminal to India.

“We had a lengthy discussion with the President and informed him not to do this. This is a national treasure, and we should keep it for our future generations,” the Thero added.

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