Trinco Port has the most opportunities:
Investment proposals to be called
The Sri Lanka Ports Authority (SLPA) has already provided the
infrastructure and it is the duty of investors and operators to use
those facilities, said Deputy Chief Engineer, Sri Lanka Ports Authority,
He was speaking at a seminar on ‘Port Development in the North and
the East’ organised by the Chamber of Construction Industries at the
Galadari Hotel recently.
He said that these facilities would help to contribute to the
national income, create job opportunities and attract foreign currency.
The Trincomalee Port has the most opportunities of the seven ports in
Sri Lanka at present and proposals for business ventures will be called
for in the near future by the Government on Built Operate Transfer (BOT)
terms based on the lease of land, equity share and royalty fee.
Under this system, land owners who do not have the wherewithal to
invest on business can give it to an investor who will invest in it and
operate a business. After 10 years the land owner will get his land back
with the business.
Business opportunities in Trincomalee include port related
activities, fertilizer transshipment, new logistic development, port
related industries, separate industrial zone, ship repair and
ship-building facilities and tourism related activities. Once tourism
activities such as whale watching, elephant rides, boating, yachting and
surfing begins a passenger transport service could also be operated, he
Meanwhile, development activities at the Port of Kankesanthurai are
also in the pipeline.
This include wreck removal, harbour dredging, jetty rehabilitation,
breakwater rehabilitation, road and yard improvement, construction of a
100m-long new jetty and a facility building and a 100 ton deck barge, he
Work on the Point Pedro Port is also in progress and cargo handling
could be done using barges except during bad weather.
The Oluvil Port with a commercial harbour and a fisheries harbour
will be completed by September 2010 at a cost of Rs. 7,000 million,