Sri Lanka's Colombo Port gets backing to become 'service provider' for region

20 July 2016

A project to expand Sri Lanka’s Colombo Port into the “service provider” for the region has taken on Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to help select an operator.

SMBC joins the Asian Development Bank (ADB) as co-advisor on the East Container Terminal (ECT) $500m scheme.

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