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Saturday, May 25, 2013
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Sri Lanka plans to open up Colombo port

The Port Authority plans to open a second gate in the Colombo port for the first time in a decade, aiming to boost traffic after the end of a 25-year war, a top port official said on Thursday.

"We will be opening the north gate in a couple of days," Sri Lanka Ports Authority Chairman Priyath B. Wickrama told Reuters. "This will help to improve our vessel turnaround time and we can accommodate more ships."

The port handled a record 3.68 million TEUs (Twenty-foot equivalents) last year. Wickrama said he expected vessel turnaround time to improve by 6-7 hours because of the change.

Port officials said the north gate had been shut for 10 years due to security threats from the Tamil Tigers rebels, who were wiped out in May.

Sri Lanka since the end of the war has been vying for hub status in the Asian maritime industry supported by its strategic location on the world map between the east and the west.
(DM03092009)

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