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Message: <blockquote data-quote="aragon" data-source="post: 4073263" data-attributes="member: 134516">Project Fact Sheet:• Two breakwaters, 5 km and 1 km in length• Dredging of harbour channel to 20m depth estimated volume being 13.6 million cubic metres• first terminal will be 1200m in length, sufficient for 3 x 400m berths• construction tender expected to be awarded by July 2007; construction period is 39 months• Phase 1 includes breakwater and 3 terminals• Phase 2 includes an extension of the breakwater and one more terminal<img src="http://www.lbo.lk/newsimages/Colombo%20Port%20Expansion%20Project%20Model.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> <img src="http://www.dailynews.lk/2006/12/19/z_new350.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Dec 18, 2006 (LBO) – Sri Lanka's President Mahinda Rajapakse Monday kicked off a million dollar project to expand the Colombo port, which will triple existing capacity and enable it to service larger vessels in the future.The 1.2 billion dollar project, the largest port development undertaken so far, will add four terminals, each with four berths to existing facilities, the Sri Lanka Ports Authority said.Each terminal would be 1,200 metres in length and have between three to four berths. "The first terminal will become operational in 2010 and have a nominal capacity of 2.4 million TEUs (Twenty-foot Equivalent Units), with the others being brought on-line as the market demands it," the Sri Lanka Ports Authority said.To accommodate deeper vessels, the harbor basin will be deepened to 18 metres while the channel carrying the vessels will be 20 metres in depth.Once completed, the Colombo Port will have capacity to accommodate around 12 million TEUs each year, the statement said.The port, current capacity hovers at around 4-million TEUs, with ongoing transshipment volumes expected to push 2006 volumes up to 3-million TEUs, SLPA said.The first phase will include building breakwater and dredging the harbor basin followed by the construction of the first container terminal.The government is expected to foot the bill during the first phase.Initial work including a 3-kilometer breakwater, will cost an estimated 300 million dollars, with private sector expected to chip in with financial assistance during the second stage of the project.SLPA says it plans to incorporate latest generation yard planning and container handling equipment and techniques to maintain berth and vessel productivity.In addition to container cargo terminals, the port has Roll On – Roll Off and bulk cargo terminals that help major vehicle manufacturers export their vehicles to and through the island from this port."This project, which will result in the creation of a government-built and owned harbor facility, will include public-private partnerships in the provision of terminal services," SLPA said.</blockquote>

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