මෙන්න මෙහෙමනේ වැඩ කරන්න ඕනේ . ඒ කාලේ කැබිනට් අනුමැතියත් නැහැ පාර්ලිමේන්තුවට දාන්නෙත් නැහැ කව්රුත් දන්නෙත් නැහැ strike ත් නැහැ 
ඒ කාලේ:
China gets controlling stake at Hambantota port
By Namini Wijedasa
2014.10.19
News that Sri Lanka had granted Chinese state-owned companies operating rights to four berths at the Hambantota Port once they are completed next year has caught the shipping industry unawares.
There had been no tenders or prior announcements. But Sri Lanka Ports Authority Chairman Priyath B Wickrama says the Government had agreed to such an arrangement with the Hambantota Port’s Chinese lenders as far back as 2010.
“We had an understanding with them when we took the loan,” he said in an interview with the Sunday Times. The loan agreement was signed with the Treasury.
He also revealed that, in exchange for these operating rights, the Chinese have consented to ease loan conditions. “That loan was a huge loan,” he said. “The Chinese Government (has) agreed to relax the loan conditions as well. So the terms of our Phase I loan and Phase II loan are being rearranged. Those negotiations are now ongoing with the Treasury.”
Dr. Wickrama, SLPA Chairman since 2008, said there could be concessions in repayment terms or the time granted for repayment. Phase I of Hambantota Port cost an estimated US$ 361 million with 85 per cent being met by Exim Bank of China. Phase II is priced at an estimated US$ 808 million and is a 100 per cent loan.
“The interest (levied) on the Phase II loan is only two per cent,” Dr. Wickrama said. “The Phase I loan is at 6.3 per cent interest. All these loans will be restructured.”
The ‘Agreement on Key Terms for Supply, Operate and Transfer (SOT) of Container Terminal Hambantota Port Development Project Phase II’ was entered into on September 16 in the presence of President Mahinda Rajapaksa and his Chinese counterpart Xi Jinping. Dr Wickrama signed on behalf of Sri Lanka.
Signing for China were representatives of China Merchants Holdings International (CMHI) and China Communication Construction Company Ltd. (CCCC). The former already operates the new Colombo South Container Terminal which, at 18 metres, has the deepest berth anywhere in the country. The latter is building the 233-hectare artificial island known as Colombo Port City.
The partners in the Hambantota SOT will be CMHI and China Harbour Engineering Company Ltd, an engineering contractor and subsidiary of CCCC. China Harbour did Hambantota Phase I and is now completing Phase II.
When the SOT comes into effect (a date has not been decided) this group of companies will hold operating rights in both of Sri Lanka’s main ports. Additionally, the Chinese will have effective control of 108 hectares – 20 hectares on freehold basis and 88 on a 99-year lease — in Colombo Port City.
In Hambantota, the Chinese joint venture will have the bigger stake in the project company. According to an announcement made by CMHI to the Hong Kong Stock Exchange, it will hold 64.98 per cent (just 0.02 percent short of 65) of shares while SLPA will have the remaining 35.02 per cent. The total capital investment into the SOT is US$ 601 million, of which the Chinese will invest about US$ 391 million.
“The concession period to be granted to the Project Company under the SOT Agreement shall initially be 35 years from the commencement of operation of the SOT Project, which can be extended by five years at the option of the Project Company,” CMHI states.
The investment ratios of China Harbour and CMHI in the China joint venture are yet to be determined while the detailed terms and conditions of the SOT are still being discussed by the parties, it said.
Dr. Wickrama said the agreement only covers “the operational part” while the SLPA owns the property. The Chinese joint venture will supply container handling equipment and will guarantee revenue to the Ports Authority, depending on volumes. “That will ease our loan pressure as well,” the Chairman observed.
The SLPA is not investing money in the project company. “Our capital is the infrastructure we developed,” he explained. “We are not spending an additional cent. Their capital is equipment and development.” Construction is expected to finish by the end of 2015.
The Chairman said that the artificial island that was being built in Hambantota as part of Phase II would “belong 100 percent to us”. It will be reserved for port-related activities and front-end services, not warehouses or industries.
The Chinese have offered to bring business to the industries zone. Asked if they made a firm commitment, Dr. Wickrama replied: “They have agreed to bring industries. The Chinese government has also agreed to support us to bring investments. That will come within five years.”
None of this satisfactorily answers the question of why the public were not informed of the SOT agreement until it was signed. “We don’t want to disclose everything from the beginning,” Dr. Wickrama replied. “We have to discuss at initial level. Until we finalise something, we don’t say.”
“But this was there for some time,” Dr Wickrama reiterated. “It was there in the last agreement. If you properly go through the loan agreement we signed, this was there. Those things were published. They were not hidden.”
However, the Sunday Times was not able to secure a copy of the loan agreement. Dr Wickrama said it was at the Treasury and that “normally we cannot give Treasury loan agreements to you”. He also did not show us the agreement between the SLPA and the Colombo International Container Terminals Ltd that runs the Colombo South Harbour, which many Ports Authority officials said they had not seen.
A request for information about the SOT deal (sent via email) went unanswered by Treasury Secretary P.B. Jayasundera. A spokesman for the External Resources Department of the Ministry of Finance said they did not handle the SOT agreement and knew nothing about it.
- http://www.sundaytimes.lk/141019/news/china-gets-controlling-stake-at-hambantota-port-123262.html
Colombo South Habour:
- http://www.cmport.com.hk/EN/business/Detail.aspx?id=10005376
දැන් :
Cabinet approves H’tota Port deal
2017-07-25 14:13:20
The Cabinet today approved the proposal to lease out the Hambantota Port to China Merchants Company, Ports and Shipping Minister Mahinda Samarasinghe said.
Earlier, it was reported that two separate companies would be formed to deal with administrative and commercial operations of the port.
The majority equity of the company to be formed for administrative operations would be vested with the Sri Lankan side, he said.
However, the Chinese company would possess majority equity in the company proposed for commercial operations of the Port.
- http://www.dailymirror.lk/article/Cabinet-approves-H-tota-Port-deal-133475.html
Ports Authority strike karath bayawenna deyak naha Mahinda CMPort ekata dunna CICT ekai Chandrika ge kaale dunna SAGT ekayi thiyanawane
SLPA market share slides
By Sunimalee Dias
The Colombo port has been growing but Chinese terminal operator CICT has been comfortably boosting its volumes compared to state owned Sri Lanka Ports Authority (SLPA) whose market share is now less than 50 per cent. First quarter figures released by the Colombo Port indicate that SLPA’s market share for the first quarter of 2016 fell to 41 per cent from 47 per cent in the same 2015 period and of 55 per cent in 2014. SLPA total volumes for the 2016 quarter were 580,222 TEUs, 587,684 TEUs in 2015 and 633, 853 TEUs in 2014, the data showed. China International Container Terminal (CICT) has however seen an increase in market share up at 32 per cent this year compared to 25 per cent in 2015 and 10 per cent in 2014.
Volumes at the new terminal, catering to deep draft vessels or the ultra large vessels not available at other terminals, had recorded increases of upto 445, 478 TEUs in total for the first quarter of this year. Last year, the total volume for the quarter was 319,943 TEUs against 116, 441 TEUs in 2014.
South Asia Gateway Terminal (SAGT) first quarter market share for 2016 slipped to 27 per cent this year from 28 per cent and 35 per cent in 2015 and 2014, respectively. This is despite its total volumes for this year rising to 374,257 TEUs from 347, 767 TEUs in 2015. SLPA volumes were down by 1.3 per cent in the first quarter whereas SAGT and CICT had grown by 7.6 per cent and 39.2 per cent respectively.
- http://www.sundaytimes.lk/160501/business-times/slpa-market-share-slides-191382.html
ඒ කාලේ:
China gets controlling stake at Hambantota port
By Namini Wijedasa
2014.10.19
News that Sri Lanka had granted Chinese state-owned companies operating rights to four berths at the Hambantota Port once they are completed next year has caught the shipping industry unawares.
There had been no tenders or prior announcements. But Sri Lanka Ports Authority Chairman Priyath B Wickrama says the Government had agreed to such an arrangement with the Hambantota Port’s Chinese lenders as far back as 2010.
“We had an understanding with them when we took the loan,” he said in an interview with the Sunday Times. The loan agreement was signed with the Treasury.
He also revealed that, in exchange for these operating rights, the Chinese have consented to ease loan conditions. “That loan was a huge loan,” he said. “The Chinese Government (has) agreed to relax the loan conditions as well. So the terms of our Phase I loan and Phase II loan are being rearranged. Those negotiations are now ongoing with the Treasury.”
Dr. Wickrama, SLPA Chairman since 2008, said there could be concessions in repayment terms or the time granted for repayment. Phase I of Hambantota Port cost an estimated US$ 361 million with 85 per cent being met by Exim Bank of China. Phase II is priced at an estimated US$ 808 million and is a 100 per cent loan.
“The interest (levied) on the Phase II loan is only two per cent,” Dr. Wickrama said. “The Phase I loan is at 6.3 per cent interest. All these loans will be restructured.”
The ‘Agreement on Key Terms for Supply, Operate and Transfer (SOT) of Container Terminal Hambantota Port Development Project Phase II’ was entered into on September 16 in the presence of President Mahinda Rajapaksa and his Chinese counterpart Xi Jinping. Dr Wickrama signed on behalf of Sri Lanka.
Signing for China were representatives of China Merchants Holdings International (CMHI) and China Communication Construction Company Ltd. (CCCC). The former already operates the new Colombo South Container Terminal which, at 18 metres, has the deepest berth anywhere in the country. The latter is building the 233-hectare artificial island known as Colombo Port City.
The partners in the Hambantota SOT will be CMHI and China Harbour Engineering Company Ltd, an engineering contractor and subsidiary of CCCC. China Harbour did Hambantota Phase I and is now completing Phase II.
When the SOT comes into effect (a date has not been decided) this group of companies will hold operating rights in both of Sri Lanka’s main ports. Additionally, the Chinese will have effective control of 108 hectares – 20 hectares on freehold basis and 88 on a 99-year lease — in Colombo Port City.
In Hambantota, the Chinese joint venture will have the bigger stake in the project company. According to an announcement made by CMHI to the Hong Kong Stock Exchange, it will hold 64.98 per cent (just 0.02 percent short of 65) of shares while SLPA will have the remaining 35.02 per cent. The total capital investment into the SOT is US$ 601 million, of which the Chinese will invest about US$ 391 million.
“The concession period to be granted to the Project Company under the SOT Agreement shall initially be 35 years from the commencement of operation of the SOT Project, which can be extended by five years at the option of the Project Company,” CMHI states.
The investment ratios of China Harbour and CMHI in the China joint venture are yet to be determined while the detailed terms and conditions of the SOT are still being discussed by the parties, it said.
Dr. Wickrama said the agreement only covers “the operational part” while the SLPA owns the property. The Chinese joint venture will supply container handling equipment and will guarantee revenue to the Ports Authority, depending on volumes. “That will ease our loan pressure as well,” the Chairman observed.
The SLPA is not investing money in the project company. “Our capital is the infrastructure we developed,” he explained. “We are not spending an additional cent. Their capital is equipment and development.” Construction is expected to finish by the end of 2015.
The Chairman said that the artificial island that was being built in Hambantota as part of Phase II would “belong 100 percent to us”. It will be reserved for port-related activities and front-end services, not warehouses or industries.
The Chinese have offered to bring business to the industries zone. Asked if they made a firm commitment, Dr. Wickrama replied: “They have agreed to bring industries. The Chinese government has also agreed to support us to bring investments. That will come within five years.”
None of this satisfactorily answers the question of why the public were not informed of the SOT agreement until it was signed. “We don’t want to disclose everything from the beginning,” Dr. Wickrama replied. “We have to discuss at initial level. Until we finalise something, we don’t say.”
“But this was there for some time,” Dr Wickrama reiterated. “It was there in the last agreement. If you properly go through the loan agreement we signed, this was there. Those things were published. They were not hidden.”
However, the Sunday Times was not able to secure a copy of the loan agreement. Dr Wickrama said it was at the Treasury and that “normally we cannot give Treasury loan agreements to you”. He also did not show us the agreement between the SLPA and the Colombo International Container Terminals Ltd that runs the Colombo South Harbour, which many Ports Authority officials said they had not seen.
A request for information about the SOT deal (sent via email) went unanswered by Treasury Secretary P.B. Jayasundera. A spokesman for the External Resources Department of the Ministry of Finance said they did not handle the SOT agreement and knew nothing about it.
- http://www.sundaytimes.lk/141019/news/china-gets-controlling-stake-at-hambantota-port-123262.html
Colombo South Habour:
- http://www.cmport.com.hk/EN/business/Detail.aspx?id=10005376
දැන් :
Cabinet approves H’tota Port deal
2017-07-25 14:13:20
The Cabinet today approved the proposal to lease out the Hambantota Port to China Merchants Company, Ports and Shipping Minister Mahinda Samarasinghe said.
Earlier, it was reported that two separate companies would be formed to deal with administrative and commercial operations of the port.
The majority equity of the company to be formed for administrative operations would be vested with the Sri Lankan side, he said.
However, the Chinese company would possess majority equity in the company proposed for commercial operations of the Port.
- http://www.dailymirror.lk/article/Cabinet-approves-H-tota-Port-deal-133475.html
Hambantota Port Agreement to be tabled in Parliament tomorrow
25 July 2017
The concession agreement on the Hambantota Port between Sri Lanka Ports Authority (SLPA) and China Merchants Holdings Company (CMHC) Ltd will be tabled in Parliament tomorrow (26) and debated on Friday, with the Government hoping to formarllly sign the deal on Saturday, it was revealed today.
Minister of Ports and Shipping, Mahinda Samarasinghe told journalists this afternoon that the deal was a "win-win situation" for both sides, He was speaking after Cabinet approved the nw agreement earlier in the day.
While there won't be a formal vote in Parliament on the deal at the end of the debate, the Minister said the Government hoped to still incorporate any useful suggestions from MPs into the new deal. Although, this may mean that the signing of the deal may get pushed back a little bit, he acknowledged.
The Minister said the agreement was an improvement on the earlier agreement where the Chinese side would have got an 80 per cent stake in the port.
Under the new agreement, the SLPA's state would rise to 30 per cent while CMHC will hold 70 per cent.
The agreement would see the setting up of two Sri Lankan companies to carry out operations of the port. They are the Hambantota International Port Services Co. (Pvt) Ltd (HIPS) and Hambantota International Port Group (Pvt) Ltd (HIPG). The SLPA will hold a share of 50.7% and CMHC 49.3% in HIPS while the share allocation of HIPG would be 85% to CMHC and 15% to SLPA. Accordingly all immovable and movable properties will be transferred to these companies.
The agreed investment value of the deal is USD 1.12 billion.
Under the new agreement, the sole responsibility and authority in terms of national security will be with the Sri Lankan Government,
Minister Samarasinghe pointed out that the the SLPA had to annually set aside Rs.9.1 billion to pay off the loans taken to build the port, which was built at a cost of Rs.193 billion (USD 1.5 billion) and that it could not afford to keep maintaining the port and paying off its loans.
Hambantota Port commenced its commercial operations from November 2011 and as at end of 2016, had accumulated a loss of over Rs.46.7 billion, it was further disclosed.
Following are highlights of the new deal for the Hambantota Port as released by the Ministry of Ports and Shipping:
- http://www.sundaytimes.lk/article/1...agreement-to-be-tabled-in-parliament-tomorrow
Ports Authority strike karath bayawenna deyak naha Mahinda CMPort ekata dunna CICT ekai Chandrika ge kaale dunna SAGT ekayi thiyanawane
SLPA market share slides
By Sunimalee Dias
The Colombo port has been growing but Chinese terminal operator CICT has been comfortably boosting its volumes compared to state owned Sri Lanka Ports Authority (SLPA) whose market share is now less than 50 per cent.
First quarter figures released by the Colombo Port indicate that SLPA’s market share for the first quarter of 2016 fell to 41 per cent from 47 per cent in the same 2015 period and of 55 per cent in 2014. SLPA total volumes for the 2016 quarter were 580,222 TEUs, 587,684 TEUs in 2015 and 633, 853 TEUs in 2014, the data showed. China International Container Terminal (CICT) has however seen an increase in market share up at 32 per cent this year compared to 25 per cent in 2015 and 10 per cent in 2014.Volumes at the new terminal, catering to deep draft vessels or the ultra large vessels not available at other terminals, had recorded increases of upto 445, 478 TEUs in total for the first quarter of this year. Last year, the total volume for the quarter was 319,943 TEUs against 116, 441 TEUs in 2014.
South Asia Gateway Terminal (SAGT) first quarter market share for 2016 slipped to 27 per cent this year from 28 per cent and 35 per cent in 2015 and 2014, respectively. This is despite its total volumes for this year rising to 374,257 TEUs from 347, 767 TEUs in 2015. SLPA volumes were down by 1.3 per cent in the first quarter whereas SAGT and CICT had grown by 7.6 per cent and 39.2 per cent respectively.
- http://www.sundaytimes.lk/160501/business-times/slpa-market-share-slides-191382.html
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