"There is Singapore and Dubai but the Indian ports can’t compete with the new port that can handle big ships with the 18,000 TEU (twenty-foot equivalent unit) capacity.â€
The Chinese owned Colombo International Container Terminal (CITC) in Colombo is located mid-way on the east-west sea route and has facilities on a par with Singapore and Dubai.
The breakwater for the expansion was financed by the ADB.
O’Sullivan was speaking at the launch of Sri Lanka’s Postgraduate Institute of Management inaugural course on public policy for business leaders, academics, researchers and government officials.
The three month course consists six separate modules.
Some of the areas of study that are included are Foundations of Public Polic