HPH on Monday issued a statement dismissing Aitken Spence's claims in a letter to the Colombo Stock Exchange saying its consortium made the highest bid to build and operate Colombo's planned new container terminal.
Financial proposals to build the south container terminal in the Colombo port expansion project were opened the week before last.
Port officials said the Aitken Spence/PSA consortium and the independent bid by HPH, two of the world's biggest port operators, were the front-runners.
Officials said a detailed analysis of the bids was required before identifying the winner as the amount of profit it would generate for the port needs to be calculated.
The spokesman for Aitken Spence said Wednesday that HPH's statement on the determination of the financial bid was "not only misleading and vacuous, but a