Adani for Colombo’s ECT?
Although India-based Adani Ports and Special Economic Zone Ltd (APSEZ) and its Sri Lankan agent were reportedly given ‘in-principle approval’ by the Sri Lanka cabinet in early November to sign a deal with the Sri Lanka Ports Authority (SLPA) to develop/operate the East Container Terminal (ECT), at the time of writing, it was uncertain whether a final agreement would be concluded.
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