Magampura Port second phase begins today
To cost around US $ 800 million:
Construction work of the second phase of the Hambantota Magampura
Port begins today. The project duration is 39 months.
Authorities have not finalized the total cost of the second phase of
the project and are still at discussion level to determine the total
cost, Magampura Port Chief Engineer Agil Hewageegana said.
“It is expected to cost around US $ 800 million to complete the
second phase of the project.
“Under this project, a new terminal will be built in the Port area.
Accordingly five more vessels can be accommodated in this terminal apart
from the current four vessels which can be accommodated in the first
phase of the Port project,” he said.
Upon the completion of the construction work in the second phase, the
Port will cover around 150 hectares of land and accommodate nine vessels
at any given time.
“We will be looking at possibilities to start construction work of
the third phase of the project once the main requirements are
completed,” Hewageegana said.
Total construction cost of phase one of the project was US $ 360
million out of which US $ 306 million has been funded by the People’s
Republic of China.
According to the master port plan, 33 vessels can be accommodated at
the port at any given time once construction work of all these phases