Sri Lanka Ports Authority agrees to pay US$21.9 million in compensation to China Merchants Port

Source: Sri Lanka Mirror

Category: Business

Region: Sri Lanka

Published: October 18, 2026 at 06:14

📝 Summary

The Sri Lanka Ports Authority (SLPA) has agreed to pay US$21.905 million to settle the investment made in a proposed South Asian Commercial and Logistics Hub project at the Port of Colombo, following the decision to abandon the project. According to a notice submitted by China Merchants Port Holdings Company (CMPort) to the Hong Kong […]

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🏷️ Keywords:

port lanka ports authority million china merchants project agrees compensation