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Hambantota port ready by Nov. 2010



A model of the Hambantota port project

Sri Lanka Ports Authority today said that the Hambantota Port is scheduled to start its operations by November 2010.

Speaking to the media, Chairman of the Ports Authority, Dr. Priyath B. Wickrema said nearly 55% of the construction of Hambantota Port have already been finished. First place of the construction work is to be completed by October 2009, he added.

The project being built at a cost of US $ 437 million for the first phase is a joint venture between China Harbour Engineering and Syno Hydro Corporation. The Government of China is to provide 85% of financial assistance.

 

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