Colombo is the second fastest growing port - Arjuna

Colombo Port has become the second fastest growing port among the ports which carries out terminal operations, Minister Arjuna Ranathunga stated. It is an increment of 10.6 %, he said. 

“The political climate prevailing in the country today is very conducive for investment with good governance Practices by the two ruling Major Political Parties. Therefore you could look into the possibilities to invest on commercial ports Colombo, Hambantota, Galle and Trincomalee.” 

Minister Ranathunga expressed these views while addressing the program, Africa and SIDS in the new world Maritime Economy organized in the Crans Montana Forum, held from March 16 to 21 in Dakhla [Morocco].

“The Port of Colombo is the principle Port in Sri Lanka that handles 87% of the ships, 95% of the total tonnage and 100% containers at present. The Colombo port has been elevated from the 26th Container Port in the world in 2015 to 23rd container port in the world in 2016 as per Alphaliner ranking by handling 5.7 million teus and is the second highest growth container port in the world (10.6%),” Minister Arjuna Ranathunga added.

The Crans Montana Forum is an International Organization whose importance and prestige have been globally well-established since 1986. It also works to promote best practices and to ensure a permanent dialogue between all those who handle high-level responsibilities.