Minister of Ports Bimal Rathnayake says it is important that India’s Adani Group commences development of the West Container Terminal of the Colombo Port.
Speaking to the media during a tour of the Colombo Port yesterday, Minister Rathnayake said objections were only raised on the Adani Group’s wind power project in Mannar as it is not feasible for Sri Lanka.
Commenting on the Port project, Minister Rathnayake said that an issue has arisen regarding funding, but the problem was between the Adani Group and the US institution that had agreed to grant the fund.
Minister Rathnayake said that, however, the Adani Group has already addressed the matter, stating that funds will be disbursed internally for the Colombo Port project.
The Minister of Ports pointed out that it was imperative that the Adani Group commences operations at the Colombo Port soon, as it could be beneficial for Sri Lanka, as well as the Ports Authority.
He added that it was essential to develop a country’s ports as it was one of the largest industries and an international business. (Newswire)