Prime Minister stated that the Trincomalee harbour will be developed to international level with a container terminal at the second International Colombo Maritime Conference at the Galadari Hotel. he said that the proposed North Eastern port of Trincomalee will be developed under a plan from Singapore’s Surbana Jurong.
The Prime Minister said that they will talk to India and Japan seek assistance to develop the Trincomalee Port to international standard as a public-private partnership based model with Sri Lanka Ports Authority as the regulator would be formulated. “When completed it will be able to serve the region including India, Bangladesh and Myanmar.”
He also said will support India’s ‘Sagarmala’ program of building ports around the country and will use para diplomacy to build stronger links with key Southern Indian state. “Joining the Sagarmala is an advantage for us, not a disadvantage”.
Southern Indian states and Sri Lanka could form a 500 billion dollar economy, he said. Shipping Minister said that having a partner from the Indian subcontinent would be a plus point. Sri Lanka also wanted a shipping line to be an investor, who would take over the East Terminal to bring in new volumes and prevent cannibalizing of existing traffic.
Colombo North Port terminals will be built within the next 10 years, providing another 10 million TEUs in capacity.