Sri Lanka, June 19 -- The World Bank yesterday expressed its readiness to share expertise with Sri Lanka on introducing private sector participation in port infrastructure development.

During a meeting with Civil Aviation and Energy Minister Anura Karunathilake, a World Bank delegation led by Country Director Gevorg Sargsyan emphasised the importance of establishing a management model that provides greater commercial flexibility and operational independence than a conventional state-owned enterprise, while also securing the support of trade unions.

The delegation noted that the ongoing conflict in the Middle East has brought increased global attention to the Colombo Port, highlighting the need for the Government to place greater focus o...