South Asia Gateway Terminals (SAGT) the first public private partnership (PPP) container terminal in Sri Lanka, commenced operations in 1999 launching the Port of Colombo as global trade’s pre-eminent gateway hub to South Asia.
Colombo West International Terminal Pvt. Ltd. is a consortium comprising of India’s largest port operator, Adani Ports and SEZ Ltd; Sri Lanka’s leading public listed enterprise, John Keells Holdings PLC; and the Sri Lanka Ports Authority. The consortium is set to develop Colombo West International Terminal (CWIT) on a Build, Operate and Transfer (BOT) basis for a period of 35 years.
The development of this terminal will reinforce Colombo Port’s position as the primary hub in the region and will further elevate its ranking among the world’s top container terminals. It will also transform the port’s position in terms of global shipping connectivity, which is currently 10th globally.
When commissioned, CWIT will be the largest and deepest container terminal in Sri Lanka. With a quay length of 1,400 meters and an alongside depth of 20 meters, CWIT will be equipped to handle Ultra Large Container Vessels with capacities of 24,000 TEUs and beyond. The new terminal’s annual cargo handling capacity is likely to exceed 3.2 Mn TEUs.