Adani Ports Begins Colombo Ops
The CWIT project is designed to be a state-of-the-art container terminal, developed at a cost of around $700 million. It is expected to significantly boost Colombo’s status as a key transshipment hub in the Indian Ocean. Once fully operational, the terminal will handle ultra-large container vessels, thereby enhancing maritime trade and connectivity in the region. Adani Ports’ entry into Sri Lanka aligns with its broader vision to create a strong network of ports in strategically located maritime corridors. This move also strengthens India-Sri Lanka bilateral economic ties and underlines India's increasing role in regional logistics and trade infrastructure.
The terminal's launch is anticipated to attract more shipping lines, increase trade volumes, and generate local employment, reinforcing Colombo’s importance in global maritime commerce.