The Western Container Terminal (WCT) in the Colombo Port’s construction has made the Adani Group the country's first Indian port operator there. In the $700 million JV for the West Container International Terminal, the group will own a majority interest. According to reports, the build-operate-transfer (BOT) agreement is the "biggest" foreign investment in Sri Lanka's port history and will last for 35 years. The jointly developed project will be owned by the government-run Sri Lanka Ports Authority to the tune of 15 per cent and local company John Keells to the tune of 34 per cent.
Contact: Adani Group
Tel: 079-2656 5555
Website: www.adani.com
