Colombo Logistics Hub Project Ends as CMPort Agrees to Exit
Summary China Merchants Port Holdings has agreed to terminate its involvement in a planned US$392 million logistics complex at Sri Lanka’s Colombo Port. The settlement provides for repayment of project-related funds and the winding…
Summary China Merchants Port Holdings has agreed to terminate its involvement in a planned US$392 million logistics complex at Sri Lanka’s Colombo Port. The settlement provides for repayment of project-related funds and the winding up of the joint venture, ending a development launched in 2023. Agreement brings development to a close The Colombo logistics hub […] <p>The post Colombo Logistics Hub Project Ends as CMPort Agrees to Exit first appeared…
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