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Message: <blockquote data-quote="hemalsilva" data-source="post: 7743451" data-attributes="member: 7335">Colombo Port Expansion Project is in Progress <img src="http://www.news.lk//images/stories/Multimedia_Gallery/Photo_Gallery/Port1.JPG" alt="" class="fr-fic fr-dii fr-draggable " style="" /> The Colombo Port Expansion Project (CPEP) launched by the Government is in progress under the two phases.  The total estimated cost of the construction of harbour Infrastructure work is US$ 330 million while the first South Container Terminal will be constructed under Built, Operate and Transfer (BOT) terms. <img src="http://www.news.lk//images/stories/Multimedia_Gallery/Photo_Gallery/Port2.JPG" alt="" class="fr-fic fr-dii fr-draggable " style="" /> <img src="http://www.news.lk//images/stories/Multimedia_Gallery/Photo_Gallery/Port3.JPG" alt="" class="fr-fic fr-dii fr-draggable " style="" /> <img src="http://www.news.lk//images/stories/Multimedia_Gallery/Photo_Gallery/Port5.JPG" alt="" class="fr-fic fr-dii fr-draggable " style="" /> <img src="http://www.news.lk//images/stories/Multimedia_Gallery/Photo_Gallery/Port6.JPG" alt="" class="fr-fic fr-dii fr-draggable " style="" /> <img src="http://www.news.lk//images/stories/Multimedia_Gallery/Photo_Gallery/Port7.JPG" alt="" class="fr-fic fr-dii fr-draggable " style="" />The project was launched following a very comprehensive study of thePort of Colombo  to develop the South Port area to cater to theincreasing demands of services in the international shipping industry.Sri Lanka Ports Authority (SLPA) Chairman Dr. Priyath B. Wickramaduring a special inspection tour to the CPEP construction site withjournalist today (23) said the project would change the economicsituation in Sri Lanka as a large number would invest here whileemployment opportunities would also be generated and overall progressis assessed at about 22%.Under phase one of the project, Harbour Infrastructure work such asthe construction of the 6.83km length Breakwater and dredging the newharbour basin and the navigation channel as well as the re-routing ofcrude oil pipe line will be accomplished while the construction ofterminals and other related services have been identified under phasetwo.The Asian Development Bank and Sri Lanka Ports Authority jointlyfinance the project of infrastructure work. Construction work of theproject officially commenced on April 11, 2008 and is scheduled to becompleted within 48 months.Meanwhile, the selection of a port operator for the South ContainerTerminal is in process and it will also be completed at the completionof the Harbour Infrastructure works in April 2012.The construction of the breakwater by placing of core material andouter protection layers of its first 2400m length has beensuccessfully completed while the rock transportation by sea from loadOut Point (Small Harbour) at Wadduwa in Kalutara is also successfullycontinued.Around 15- 20 barges transport the rock materials to Colombo. Thedredging of the main channel for the use of dredged sand in the coreof the breakwater and in the filling of contractor’s working area isin progress satisfactorily while more than 11 million Cubic metreshave been completed by now.of the submarine crude oil pipeline commenced in January2010 and a nine Km length has also been completed successfully. Thiswill be completed in April 2010.The financial proposal for the South Container Terminal of the CPEPhas been opened and an evaluation is completed.newsdotlk</blockquote>

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