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You are here: Home / Business Now / Gazettes pave way for Hambantota Port handover

Gazettes pave way for Hambantota Port handover

December 8, 2017 By Abdul Nazeer Leave a Comment

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By Ashwin Hemmathagama – Our Lobby Correspondent
Gazette notifications on the shareholder agreement on two joint venture entities which will operate commercial and common user facilities respectively at the Magampura Mahinda Rajapaksa Port, reached Parliament yesterday prior to handing over of the port this weekend.
China Merchants Port Holdings Company Ltd. (CMPort) or its nominees will own 85% and Sri Lanka Ports Authority (SLPA) will own 15% o

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