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 Post subject: Cruise speed for port, airport development
 Post Posted: Fri May 20, 2005 10:26 am 
Cruise speed for port, airport development

It was disclosed that the Government would go ahead with the development of the Hambantota port, initially for bunkering with China's assistance. The expansion of the Colombo port with the commissioning of the South Harbour would be commenced by early next year. Similarly ports of Galle (with Japanese assistance), Kankesanthurai (Indian support is being considered), Oluvil (with Danish funding), Trincomalee and Point Pedro will be developed as well.

Achievements of Sri Lanka Ports Authority was detailed by Chairman Dileepa Wijesundera who said that volumes and productivity continue to grow. He expressed confidence of achieving 2.5 million TEUs in 2005, up from 2.2 million TEUs in 2004.

On the aviation said the modernized airport capable of handling 6 million passengers annually with air bridges etc will be ready by end October while among plans are to build a second runway, a transit hotel, a five star hotel at Bandaranaike International Airport as well as a domestic terminal. In 2004 annual passenger growth was 26% to over 2 million.Minister also said that airports in Ratmalana, Koggala will be developed.

A major breakthrough is the Government considering granting designated airline status to new private carriers. In response to expression of interest nine local firms have applied. For the aviation sector a national policy is taking shape and would be presented in Parliament later this year.


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