Unable to repay its debt, sri lanka gave china a controlling equity stake and a 99year lease for hambantota port, which it handed over in december 2017 the economic rationale for hambantota is weak, given existing capacity and expansion plans at colombo port, fueling concerns that it could become a chinese naval facility. Mar 25, 2017 colombo international financial city cifc is a special financial zone that is expected to become an offshore financial centre. The first phase of the port was opened on 18 november 2010, with the first ceremonial berthing of the naval ship jetliner to use the port facilities. Report and recommendation of the president to the board of directors project number. A new agreement between a chinese construction company and the sri lankan authorities will. By implementing the port expansion projects and simultaneous facilitating the proposed development activities to be accommodated in the surrounding areas of the colombo port under the western region megapolis plan, the expected increase of 25 million teus in 2030 van be achieved.
As the secretarygeneral, the senior most operational authority of the urban development authority, he has been asked to advise the sri. Project description the colombo port expansion project provides for dredging and. The city will use construction resources from the colombo harbour expansion project, currently under construction near. One of the many projects of the rajapasksa government, and one that has been used freely by president sirisenas election campaign days, the project is planned on 252 hectares of reclaimed land in colombo. Colombo port city project latest breaking news, pictures, videos, and special reports from the economic times. It was our ancestors that first discovered the value of the shipping industry and this was how the silk route was created making the then ceylon a naval hub in the world. Colombo port expansion project in sri lanka the newly expanded colombo port, funded through an adb loan and a publicprivate partnership, will allow sri lanka to regain its role as a leading south asia transshipment hub. With the demand for container throughput expected to exceed colombos capacity in the near future.
Programming will be of prime importance measures to allow for weather delays and protecting the works eg monsoon establishing a working area with temporary offloading facility programming the works to match the main breakwater construction. The colombo port city project was initiated by the previous regime and was finalized with the signing of different agreements in 2014 with the sri lanka ports authority slpa, board of investment. Aug 03, 2016 original agreement suspended following objections raised by india. How china got sri lanka to cough up a port the new york times. Development activities and infrastructure facilities within the reclaimed land area of proposed colombo port city development project english downloan pdf development activities and infrastructure facilities within the reclaimed land area of proposed colombo port city development project sinhala download pdf. Aug 05, 2012 the summary environmental impact assessmentassessment report was circulated to the asian development bank adb board of directors on 12 july 2006. Market opportunities in maritime and logistics sector. Colombo lighthouse is a lighthouse in colombo in sri lanka and it is operated and maintained by the sri lanka ports authority. Key infrastructure projects and opportunities for foreign investment. Colombo port city development project eia ejustice. Chec port city colombo, the private company carrying out work for cccc, also issued a statement noting that. Works hiw under the colombo port expansion project cpep formerly known as the colombo south harbour csh project. Colombo port expansion project asian development bank. The first stage of the proposed offshore city in colombo, the colombo port city development project was launched by chinese president xi jinping and president mahinda rajapaksa at a.
After the former planned port city was rejected by the new incoming government, a tripartite agreement was signed in august 2016 repackaging the project as the colombo international financial city cifc. Apr 09, 2020 colombo port city project latest breaking news, pictures, videos, and special reports from the economic times. The economic rationale for hambantota is weak, given existing capacity and expansion plans at colombo port, fueling concerns that it could become a chinese naval facility. Sri lanka port of colombo expansion project iv port of. The project includes the establishment of a new marine operations center, relocation of a submarine oil pipeline, provision of navigational. The first stage of the proposed offshore city in colombo, the colombo port city development project was launched by chinese president xi jinping and president mahinda rajapaksa at a grand ceremony this morning 17 september. Colombo port expansion project harbour infrastructure works. The hambantota port also known as the magampura mahinda rajapaksa port is a maritime port in hambantota, sri lanka.
Three of the busiest container ports worldwide singapore, busan, and hong kong are all heavily reliant on transshipment, while another primarily transshipmentoriented port, colombo, saw the thirdfastest growth in 2018 of any port in the joc top 50. The city will use construction resources from the colombo harbour expansion project, currently under construction. Cpep formally known as the colombo site harbour csh project the sri lankaports authority slpa is the executing a gency ea whilst scott wilson limited sw and hyundai development engineering hdec are respectively the supervisincorporation g engineer and the contractor. Atkins and chec on the colombo port city project dredging today. The port of port botany has undergone a major expansion of its container port facilities in order to cater for long term trade growth. Colombo port extension project projects pentaocean. Founded in 1979, slpa currently operates ports in colombo, galle, hambantota, kankesanthurai, oluvil, point pedro and trincomalee. Three countries plan to take up colombo port expansion project to balance chinas growing influence in the indian ocean region. Wencai zhang, the vice chairman of the asian development bank adb, recently inspected the colombo port expansion. May 28, 20 this feature is not available right now. Colombo port city project blogs, comments and archive news on. It is situated in colombo, sri lanka where the former port city was planned and is to be built on reclaimed land adjacent to the galle face green. Gdp from the project in 2030 which is about 35% increase. The new port city is a concept of president mahinda rajapaksa who was apparently inspired while on a visit to inspect the landfill being constructed for the colombo south port.
Table 11 evaluated project loan agreement date project name loan amount project october 1987 port of colombo expansion project iv. The sri lankaports authority slpa is the executing agencyeawhilst scott wilson limited sw and h yundai d evelopment e ngineering corporation hdec are respectively t he s upervising engineer and the contractor. The specific oda loan projects which have been implemented for the development of port of colombo are the port of colombo expansion projects iiv, port of colombo extension projects. The project involves the building of a breakwater and an access channel harbouring deepwater berths to accommodate larger vessels with sophisticated port handling equipment.
The democratic socialist republic of sri lanka is located in the indian ocean only 31 kilometers off the southern coast of india and is home to approximately twenty million people. How china got sri lanka to cough up a port the new york. Download the brief the issue unable to repay its debt, sri lanka gave china a controlling equity stake and a 99year lease for hambantota port, which it handed over in december 2017. Layout option 2 for colombo new north port development. Market opportunities in maritime and logistics sector sri lanka capt. One of the many projects of the rajapasksa government, and one that has been used freely by president sirisenas election campaign days, the project is. History of colombo port city expansion of the colombo central business district by reclaiming the sea was originally proposed under the western region megapolis regional structure plan in 2004, prepared by a singaporebased urban planning consultant, cesma international ltd. Sep 17, 2014 the new port city is a concept of president mahinda rajapaksa who was apparently inspired while on a visit to inspect the landfill being constructed for the colombo south port. Southern asia ports, logistics and shipping conference. Aug 12, 2016 colombo port city, the biggest and most controversial infrastructure project in sri lankas history, is either the staging ground for china and indias geopolitical battle or the place where the. Sri lanka port authority slpaport of colombo, sri lanka. Colombo port is owned by the sri lanka ports authority slpa, a statutory body under the ministry of ports and aviation mpa.
A series of oda loan projects for port of colombo, concentrating on container handling facilities, have been implemented to solve the problem. Colombo international financial city cifc is a special financial zone that is expected to become an offshore financial centre. In a piece published on the colombo port city website, it is said that a number of business leaders believe that the construction of the project should proceed and that the city would be ultimately thrive as successful ventures like the beloved kandalama hotel and the south harbour expansion project. The tema port expansion is designed to provide a world class harbour infrastructure for the next 100 years. The list of acronyms and abbreviations related to cpep. Port development in sri lanka towards a maritime and logistics hub. It is located at galbokka point south of the port of colombo on the waterfront along the marine drive, in colombo fort. What is the abbreviation for colombo port expansion project. The colombo city port is a planned city in colombo which is meant to be built on reclaimed land next to the galle face green, an ocean side urban park located beside the financial and business district of colombo. Colombo port expansion project break water completion completing 600m of cict in cpep completing 600m of ect in. Colombo port city development project launched by janaka alahapperuma sept 17, 2014. Colombo port city, a brand new large scale land reclamation and city development project.
The southern asia ports, logistics and shipping 2012 exhibition and conference kicked off with great fanfare at cinnamon grand hotel in colombo, yesterday, the 26. Cpep abbreviation stands for colombo port expansion project. Jan 05, 2016 environmental report clears colombo port city tuesday, 5 january 2016 00. Sri lanka ports authority slpa is the stateowned operator of major commercial ports in sri lanka. The design, construction, procurement and eventual awarding to hutchison port holdings of the 3rd stevedore contract. Apr 07, 2020 china hopes sri lanka will resolve china port city project 05 mar, 2015, 02. The southern asia ports, logistics and shipping 2012 exhibition and conference kicked off with great fanfare at cinnamon grand hotel in colombo, yesterday, the 26 th of april being set on this occasion for the first time in colombo for two days, this event is in its.
Pdf application of mathematical models for the colombo new. Colombo port city is a proposed offshore city in colombo, sri lanka which is planned to be built on reclaimed land adjacent to the galle face green. The design and monitoring framework is in appendix 1. Sri lankachina tensions rise over suspended port project. Colombo, sri lanka case study port expansion project summary. The project includes the establishment of a new marine operations center, relocation of a submarine oil pipeline, provision of navigational aids, and construction of shore utilities. The port project has now been renamed the colombo international financial city. Nihal keppetipola managing director of slpa making the presentation on the colombo port expansion project cpep at the southern asia ports, logistics and shipping 2012. However in 2016 colombo port surpassed nhava sheva harbour and become the largest and busiest container port in south asia. Ecl and will assist aecom, the employers representative, in ensuring that the contractor carries out the design of the terminal with all facilities, the procurement of equipment and the construction of the south terminal of the colombo port to the employers specifications, while providing reliability and performance to the employers. Signing of mou for the proposed colombo port expansion project to.
Sw of the united kingdom as the consult for expansion of colombo port called colombo port efficiency and expansion project. Colombo port city, the biggest and most controversial infrastructure project in sri lankas history, is either the staging ground for china and indias geopolitical battle or the place where the. Oct 23, 2014 atkins and chec on the colombo port city project. Project description the colombo port expansion project provides for dredging and breakwater construction sufficient to accommodate three terminals, which will be constructed sequentially. Tema port expansion project meridian port services. Dec 08, 2017 development activities and infrastructure facilities within the reclaimed land area of proposed colombo port city development project english downloan pdf development activities and infrastructure facilities within the reclaimed land area of proposed colombo port city development project sinhala download pdf.
Original agreement suspended following objections raised by india. Tuesday, 3 rd march 2015, environmentalists and took to the roads in protest of the colombo port city project. As of 31 march 20 slpa had a 3% stake in colombo dockyard. Colombo port expansion project harbour infrastructure works some general requirements include. Environmental report clears colombo port city daily ft. The sri lanka government has stated that it would be transformed into an international. China hopes sri lanka will resolve china port city project 05 mar, 2015, 02. The western region megapolis regional structure plan of 2004. Daily mirror critical analyses of colombo port city project. Port efficiency and expansion project colombo lanka. The colombo port expansion project provides for dredging and breakwater construction sufficient to accommodate three terminals, which will be constructed sequentially. Atkins has been appointed by china harbour engineering company chec to assess the opportunity of incorporating a marina into the proposed 2. Project no 5 colombo port expansion project under public.
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