US invests USD 17 million to digitise Port of Colombo operations
Sri Lanka, Oct. 16 -- The United States today announced a $17 million investment to digitise operations at the Port of Colombo, strengthening one of South Asia's busiest and most strategic maritime trade hubs. I
n partnership with the Sri Lanka Ports Authority (SLPA), the United States will introduce new digital systems to streamline port operations, using American technology to help move goods faster and reduce shipping delays and costs.
The project will also strengthen Sri Lanka's role in global trade while supporting American businesses, securing U.S. supply chains, and expanding commercial opportunities between the United States and Sri Lanka.
The U.S.-funded project will help the SLPA develop two connected digital systems the Mari...
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