Sri Lanka’s Hambantota Port to set up warehouses and distribution centers - Opportunity Sri Lanka
Sri Lanka’s Hambantota Port to set up warehouses and distribution centers

Sri Lanka’s Hambantota Port to set up warehouses and distribution centers

Sri Lanka’s Hambantota Port, which is operated by China’s CM Ports Group, is reportedly looking at setting up warehouses and distribution centers to strengthen its position as a regional logistics hub.
“Our full range of services include container handling, general cargo, Ro-Ro, passenger, bunkering, bulk terminal, gas and project cargo,” Ray Ren, Chief Executive of Hambantota International Port, has been quoted as saying at a forum in Dubai.
“In addition to maritime services, we are well on the way to becoming a logistics hub in the region, with warehouses, storage areas and distribution centers being set up within the port premises.
“We are perfectly located to provide our customers with all the services that would make us one of the top multi-purpose ports in the world.”
Hambantota Port was nominated as the Multi-Purpose Port/Terminal of The Year 2020, at a Global Port Forum Awards in Dubai.

OSL take:

Sri Lanka’s geographical positioning in the Indian Ocean has made it an important maritime hub in the region. Sri Lankan authorities are also focused on achieving the maritime hub status for the country. All this has resulted in the expansion of business opportunities in Sri Lanka’s ports, maritime and logistics sectors. The plan to set up warehouse and distribution facilities in the Hambantota Port is indicative of the continuous growth recorded by Sri Lanka’s maritime and logistics sectors. Foreign businesses could therefore confidently explore business/investment opportunities in Sri Lanka’s ports, maritime and logistics sectors.

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Article Code : VBS/AT/20200306/Z_1

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