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Colombo

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3 Stories Indexed
Last Updated: Just Now
Verified Entity Intelligence
Macro Economy & Fiscal Policy Just now (12:39 AM IST)

APSEZ Doubles Colombo Terminal Capacity to 3.2 Million TEUs in $750 Million Expansion

Adani Ports and Special Economic Zone Ltd. has expanded its Colombo terminal capacity to 3.2 million twenty-foot equivalent units, doubling throughput through a $750 million investment. The upgrade positions the facility to handle nearly a quarter of the Port of Colombo’s targeted 13 million TEU capacity by 2028, underscoring the terminal’s growing strategic weight in Indian Ocean trade.

By RDU Global Wire5 min read
Macro Economy & Fiscal PolicyJust now (10:22 AM IST)

APSEZ Doubles Colombo Terminal Capacity to 3.2 Million TEUs in $750 Million Expansion

Adani Ports and Special Economic Zone Ltd. has completed a $750 million expansion of its Colombo terminal, lifting annual capacity to 3.2 million twenty-foot equivalent units, or TEUs. The enlarged facility is expected to handle nearly a quarter of the Port of Colombo’s targeted 13 million TEU capacity by 2028, strengthening the terminal’s role in South Asia’s transshipment network.

5 min readRead →
National Governance & Policy6h ago

Sri Lanka's JVP Sends Top Delegation to India for BJP Talks as Parties Deepen Political Ties

A five-member delegation from Sri Lanka's ruling Janatha Vimukthi Peramuna will visit India from September 27 to October 1 for meetings with senior Bharatiya Janata Party leaders, External Affairs Minister S. Jaishankar and Delhi Chief Minister Rekha Gupta. The trip is aimed at strengthening party-to-party engagement and exchanging organisational experience between the two political formations.

4 min readRead →

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