Written by Zulfick Farzan
09 Mar, 2021 | 12:23 pm
Colombo (News 1st); The Government of Sri Lanka assumed India’s Adani Group was nominated for the West Container Terminal Development, on the same interest of developing the East Container Terminal, said Joint Cabinet Spokesperson Minister Udaya Gammanpila on Tuesday (09).
The comments came after India’s ministry of external affairs in New Delhi said the Ministers’ reference in the decisions to the Indian high commission approving Adani group’s investment in WCT was factually incorrect, as questioned by a journalist.
“Indian government nominated Adani group of companies to invest in ECT of Colombo port. Thereafter Sri Lankan government made a policy decision to develop the ECT with the Port Authority alone and to develop the WCT as a joint venture between Sri Lanka, India, and Japan. By the time the Sri Lankan government made that decision, the Indian government had already nominated the Adani group of companies as their nominee for the ECT development,” said the Minister.
He went on to note “The Sri Lankan government assumed that it is the very same investment, and there would be only a change of the investment location. Therefore Sri Lankan government assumed that this would continue as the Indian government’s nominee; so the Sri Lankan government continued their dialogue with Adani.”
The Minister also added the Indian government has expressed it was not going to officially get involved in these decisions about the joint venture, and therefore, Sri Lanka will continue its dialogue with the Adani group of companies with regards to the WCT.
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