31 Jul 2017 / Hambantota, Sri Lanka

Port deal signed

The 99-year agreement between Sri Lanka Ports Authority and China Merchant Holdings Company Ltd to lease the Hambantota port has been signed.

The Concession Agreement for the port sets up two companies – Hambantota International Port Group (Pvt.) Ltd. to oversee commercial operations, and Hambantota International Port Services (Pvt.) Ltd to oversee Common User Facilities, including security operations.

For further details and/or information about operations in Sri Lanka contact GAC Sri Lanka at [email protected]

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.

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