of China Merchants Port Holdings Company Limited, the Sri Lanka Ports Authority and a local enterprise officially signed the South Asia Trade and Logistics Center project agreement in Colombo on April 21, to jointly build a modern multi-functional logistics center in South Asia. can be constructed. Sri Lanka’s Minister of Ports, Shipping and Aviation De Silva and Chairman of the China Merchants Group, Miao Qianmin, attended the signing ceremony of the project. De Silva said the project would create a first-class commercial and logistics hub in the region and help Colombo Port become a more excellent and competitive port.
Miao Qianmin, chairman of China Merchants Group, said that in the future, China Merchants Group will further strengthen cooperation with local enterprises and make more contributions to the economic development of Sri Lanka. The South Asia Trade and Logistics Center project is located at Colombo port and has a total investment of $392 million. The project can not only significantly improve the level of local logistics services, but also strengthen the position of Colombo Port as a hub port in South Asia.
(Credits- China Media Group, Beijing)
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