TERMINAL CAPACITY: After the Chinese run CICT terminal, Colombo has not built a new terminal, and the port is reaching capacity.
ECONOMYNEXT – A shipment of rice, milk powder and medicines worth over 2 billion rupees is scheduled to arrive in Colombo on Sunday (22) as part of Indian aid to cash-strapped Sri Lanka as the latter goes through its worst economic crisis on record.
The High Commission of India in Colombo tweeted Friday (20) night that the consignment was flagged off from Chennai by Tamil Nadu Chief Minister M K Stalin last Wednesday (18).
Indian media quoting the Chief Minister’s office said on Friday (20) that 9,000 metric tonnes of rice, 200 metric tonnes of milk powder and 24 metric tonnes of essential medicines are en route.
Earlier on Friday, Japan pledged 1.5 million dollars (600 million rupees) to Sri Lanka through a the United Nations World Food Programme for essential food rations and school meal programmes.