Sri Lanka, June 19 -- The ongoing conflict in the Middle East has placed the Colombo Port under increased global attention, prompting the World Bank to urge the Sri Lankan government to exercise great care in its future development and management.

The observation was made by a World Bank delegation led by Country Manager Gevorg Sargsyan, which met Civil Aviation and Energy Minister Anura Karunathilake along with senior ministry officials to discuss the future development of the Colombo Port, including new financing models and greater private sector participation.

During the meeting, Sargsyan sought an update on government's plans for the port and noted that the World Bank Group and the Asian Development Bank (ADB) are jointly conductin...