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Tuesday, December 10, 2019
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Colombo Port expansion project a boost to shipping industry -
 CASA chairman

The Colombo Port expansion project will be a boost to the Sri Lanka's shipping industry and is the most important project to uplift the facilities. It is now under way and making good progress, Chairman Ceylon Association of Ships' Agents (CASA) Nimal Ranchigoda told the 43rd Annual General Meeting of CASA held in Colombo recently.

Under the expansion project the reclaiming of the breakwater and contractor's working area approximately 9.08 million cubic meters have been completed. 660 meters of the construction of the rock core of the breakwater has also been completed. The tender which was closed in mid July attracted only one bidder namely Aitken Spence Plc., and China Merchant Holdings International of Hong Kong, he said.

The technical proposal has been accepted, evaluated and conforms to the cabinet negotiating committee (CNC) for approval. The financial bid was opened in end July, he said.

On behalf of the entire membership of CASA I congratulate President Mahinda Rajapaksa for winning the war against terrorism.

We also congratulate and express our sincere thanks to the Secretary, Ministry of Defence and the 3 Service Commanders and all those who paid the supreme sacrifice for our motherland, he said.

The CASA membership stands at 103 member agencies with a few companies having had to resign due to lack of business resulting from this economic downturn. Today the shipping lines are in dire straits financially and are looking at all the ports worldwide to reduce their costs on a temporary measure to help the shipping lines to reduce their losses, he said. The CASA Executive Committee and a few other senior members of CASA visited the Hambantota Port Development project site accompanied by the Chairman, Sri Lanka Ports Authority last month and we were very impressed with the development of this project since the commencement of phase one on January 8, 2008.

The presentation made by the Chairman, Sri Lanka Ports Authority, with Janaka Kurukulasooriya- Chief Engineer Southern Port Development was very informative.

Sri Lanka Ports Authority
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