No foreign parties in Colombo Port’s East Terminal
Sri Lankan President, Maithripala Sirisena told the Sri Lanka Ports Authority workers’ unions that he would not allow the contract on Colombo Port’s East Terminal to be given to a foreign party. Among the companies bidding for the project were Shapoorji, CONCOR, and Bangladesh’s Summit Shipping. In the early stages, the Sirisena-wickremesinghe government was keen on giving the contract to a South Asian company to balance China and South Asia, in the port projects. The then minister of ports, Arjuna Ranatunga, even named the Indian firms, Shapoorji Pallonji and CONCOR, as the likely recipients of the contract.