Independent journal on economy and transport policy
01:32 GMT+2
Partial takeover of Colombo port
(Shipping Times)
September 8, 1999
[COLOMBO]
Sri Lanka handed over part of the country's main Colombo port to a private consortium in a US$240 million (S$405 million) deal under a 30-year lease on a build, operate and transfer basis, local officials said.
They said the South Asia Gateway Terminal (SAGT), a joint venture that includes units of Britain's P&O Steam Navigation Co and local ...... Read more on Shipping Times
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