Sri Lanka Ports Authority to buy fourth gantry crane from China’s Shanghai Zhenhua Heavy Industries
Sri Lanka’s Government Information Department has reportedly stated that the state operated Sri Lanka Ports Authority (SLPA) has been cleared to buy a fourth gantry crane from China’s Shanghai Zhenhua Heavy Industries.
The government of Sri Lanka had earlier ordered three ship to shore (STS) gantry cranes from Zhenhua.
The fourth crane is reportedly ordered on the same terms as the earlier three containers as allowed by procurement rules in Sri Lanka, which has been outlined by the proposal submitted by Sri Lanka’s Ports Minister Sagala Ratnayake.
The cranes will be used at Sri Lanka Ports Authority operated Jaya Container Terminal, local media reports state.
Meanwhile, the Sri Lanka Ports Authority has commenced a project to boost the output of older terminals with newer equipment.
Shanghai Zhenhua Heavy Industries has a service company in Sri Lanka and it is a joint venture with Colombo-based Access group.
OSL take:
The government of Sri Lanka is engaged in a development programme covering all key economic sectors islandwide. The development projects covering some of the sectors have resulted in the opening up of new avenues for business/investment for foreign companies. There are many business/investment opportunities for foreign businesses/investors in the field of supplying goods and services as well as providing expertise.
| Article Code : | VBS/AT/30092019/Z_2 |