Chinese infrastructre company signs Hambantota Port Development deal

Dredging Today
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China Communications Construction Co. Ltd., a transportation infrastructure company, has announced that it has entered into an agreement with the Sri Lanka Port Authority to complete the second-phase of a development project at the Port of Hambantota.

The contract, estimated to be worth over $810 million, covers the design, procurement and construction relating to the second-phase of the port’s current infrastructural construction project.

The second-phase is expected to be completed in 36 months.

According to local media reports, the contract states that China Harbour Engineering Company will build four 100,000-deadweight tonne (dwt) container berths, a single 100,000-dwt oil wharf and two 30,000-dwt feeder berths.

These will form a 490,000-square metre harbour basin that the second-phase and the third-phase projects share, a man-made offshore island as well as a 400,000-square metre (m2) road and storage yard.

Following completion of the project, the port will overshadow Colombo Port in overall capacity.

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