INSUBCONTINENT EXCLUSIVE:
International Development Finance Corporation (DFC) today announced it has committed more than half a billion dollars to support the
development of a deepawater shipping container terminal in the Port of Colombo, Sri Lanka, that will provide critical infrastructure for the
Embassy said in a statement.DFC Chief Executive Officer (CEO) Scott Nathan traveled to Sri Lanka to launch $553 million in financing to
Colombo West International Terminal Private Limited to support the development of the deepwater West Container Terminal located within the
Foreign Minister Ali Sabry, Chief of Staff to the President and National Security Advisor (NSA) Sagala Ratnayaka and U.S
investments that advance development and economic growth while strengthening the strategic positions of our partners
Container Terminal will facilitate private- sector-led growth in Sri Lanka and attract crucial foreign exchange inflows during its economic
DFC operates, supporting projects that are strategic, economically sound, and led by the private sector
DFC is working with world-class sponsors John Keells Holdings and Adani Ports - Special Economic Zones Limited (APSEZ)
It has been operating at more than 90 percent utilization since 2021, signaling its need for additional capacity
