progress at the Quay wall at Hambantota Port in dry
delegation of the International Monetary Fund Mission
visited the Hambantota Port Development Project recently to
inspect the progress of the Hambantota Port. The delegation
also included the Chief of the International Monetary Fund
Mission to Sri Lanka, Dr. Brian Aitkin.
stage of the Hambantita Pot development Project which is
kept ahead the schedule is to be completed by the end of
this year. The total cost of the Project is US $ 360
million. An oil tank farm with 14 tanks under the investment
is US$ 76 is also constructed at Hambantota Port. The tank
farm consists of 08 tanks for fuel bunkering facilities for
vessels while 03 tanks for aero fuel and 03 tanks for
storing LP gas. The 14 tanks will also have an overall
capacity of 80,000m3. Funds for the total Hambantota Port
Project was received from the People's Republic of China
following the successful diplomatic visit of His Excellency
the President Mahinda Rajapaksa to the people's Republic of
China in 2007.
metre long jetty of the port is nearing completion and the
depth of the basin will be 17 metres.
Hambantota Port is completed the vessels could save nearly
three days sailing of time, fuel and enjoy a number of other
benefits at Hambantota. It is envisaged that many of the
4,500oil tankers would anchored at Hambantota for bunkering,
ship repairing and also to purchase food, water, medical
supplies as well as logistics.
Hambantota is to be listed among the busiest harbours of the
world, this would make Sri Lanka glorious, as a small
country with a booming economy in the entire region.