Ports to increase GDP growth
Shipping industry to contributes 40 percent:
The shipping industry will be geared to
contribute 40 percent of the GDP from port and port related
industries with the completion of port development projects
islandwide. The Colombo Port expects to handle 10 million total
equivalent units (TEUs) by 2020 recording more than twofold growth
from this year. It has the capacity to reach four million TEUs by
end of this year, Sri Lanka Ports Authority Chairman Dr Priyath
Wickrama said.
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Marketability sustains ceramic industry
Despite recession and energy cost:
The ceramic industry today faces stiff
competition not only from China, but also from Bangladesh and other
regional countries Sri Lanka Ceramics Council (SLCC) Chairman
Dayasiri Warnakulasooriya said.
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Lanka geared to handle global shipping industry
Port development projects have the highest level
of private public partnerships in developing resources at national
level. The other sectors need to take a cue from the shipping
industry in developing different sectors to contribute to the
overall growth, Ceylon Chamber of Commerce Chairman Dr. Anura
Ekanayake said. He was speaking at a seminar on “Sri Lanka:
Connecting to compete - Port of Colombo - What are the
prospects/threats?” held yesterday in Colombo.
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