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Sri Lanka’s Experience : PPP

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Frame of Image cies and delays
 Outdated systems and equipment.
Project Summary
●Projections
Traffic volume leveling off in 2003 or 2004 JCT Reach Maximum Capacity 40% of west-to-east traffic was being diverted from Colombo Port to more competitive ports outside of Sri Lanka.
Regional traffic would continue to grow; forecasts predicted an estimated 7.3% annual growth in traffic to India until 2018
●But Colombo Port was slowly losing it competitive edge to newer, more modern port facilities, and required capital investment to maintain or increase its market share.
Project Summary
● The Sri Lankan government’s desire to remain a true competitor in the shipping sector prompted the creation of a Public-Private Partnership in 1999. ●The South Asia Gateway Terminals (Private) Limited (SAGT partnership)
The Sri Lanka Port Authority(Public Organisation) and several private companies to improve, expand, operate, and manage the QEQ terminal
● A 30-year Build- Operate-Transfer (BOT) concession.
Project Objectives
●Increase Queen Elizabeth Quay (QEQ) terminal from the original capacity of 250,000 TEUs per year to a capacity of 1.1 million TEUs. ●Improve port efficiency.
Efficiency needed to be improved in gross gantry moves (the number of containers handled) per hour. Berth efficiency, which measures the average waiting time for container vessels, needed to be improved from the 1997 average of 6.9 hours.
●Contingent upon success, to demonstrate to the international community and the private sec


Full Text
Title Sri Lanka’s Experience
Similar Titles
Sub Title

PPP

Project Category Capacity Building Workshops
Material Type Proceedings
Author(English)

Marcelline, A C

Publisher

[Sejong]:KDI School of Public Policy and Management

Date 2015
Project Capacity Building Workshops
Pages 14
Subject Country Sri Lanka(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < General
Holding KDI School