PSA International Private Company which carries out the operations and development of the Singapore port has expressed interest in investing in opportunities for development and operations in the ports of Sri Lanka.
This was disclosed to the Minister of Ports, Navigation and Aviation Nimal Siripala de Silva when he was on an observation tour on June 3 to investigate the operations and development of Singapore’s main port. During the tour, the Minister had a special discussion with the head of PSA International Private Company which carries out the operations and development of the Singapore port. PSA is one of the largest companies operating in ports in the world and 37,000 million containers are handled per year in Singapore’s main port alone.
The Minister said that since the current government has planned to start the development of the North Colombo Port he requested a suitable investment plan and proposal towards it. Also, the Minister requested the heads of PSA International Private Company to provide a suitable proposal for the development of Trincomalee Port.
PSA International, Chief Executive Officer of Middle East and South Asia, Won Chee Fung, said that if there are investment opportunities for development and operations in the ports of Sri Lanka, they would like to apply for them. Officials including Assistant Vice President of PSA Company Lim Wei Chang, Chairman of JCT Oil Bank Company, Lakmal Ratnayake and representatives of the Sri Lankan Embassy in Singapore also participated in this discussion.