Srilanka, Oct. 13 -- Sri Lanka is preparing to revamp its maritime infrastructure by bringing in international shipping lines for terminal operations and advancing major expansion projects at the Port of Colombo, President Anura Kumara Dissanayake announced during the Sri Lanka Economic and Investment Summit 2026.
Addressing the forum, President Dissanayake highlighted that while the state will retain ownership of the Colombo Port's East Container Terminal (ECT), its management will be opened to private investors and leading global shipping lines. Currently handling approximately 500,000 TEUs-a fraction of its two-berth operating potential-the move aims to fully optimize the terminal's capacity through international operational expertise....