The Colombo Port City Economic Commission (CPCEC) has achieved much progress thus far of Sri Lanka’s most ambitious venture including licences issued for seven banks to set up shop and technical certificates of completion of 64 of the 74 plots.
In the wake of Sri Lanka President Ranil Wickremesinghe’s attempts to restart Japan-funded projects including the light rail transit project cancelled by the previous administration,
Jaya Container Terminals Limited (JCT Limited), a fully owned subsidiary of the Sri Lanka Ports Authority (SLPA), has seen phenomenal growth and turnover in the recent past, despite the fuel crisis that prevailed in Sri Lanka.
