SLPA pushes back against Indian competition concerns
NewsThe Sri Lanka Ports Authority (SLPA) has dismissed recent reports suggesting a decline in transhipment volumes at the Port of Colombo was due to a rise of competing Indian ports.
The Washington (DC)-based US International Development Finance Corporation (DFC) is lending US$553M to Colombo West International Terminal Private Limited (CWITPL), the developers of a new deepsea container terminal in the port of Colombo, Sri Lanka.
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