Several companies from India, Sri Lanka and Japan will invest in the East Container Terminal of Colombo Port, President Gotabaya Rajapaksa has said.

State-run Sri Lanka’s Port Authority would have a majority stake.

There had been trade union opposition to getting private investment into the East Container Terminal where one third had already been built with Sri Lanka Port Authority funds.

https://economynext.com/sri-lanka-india-and-japan-firms-to-invest-in-east-terminal-president-78162/