Colombo Port Faces Delays and Cost Increases in Jaya Container Terminal Expansion
The delayed expansion of the Jaya Container Terminal (JCT) at the Port of Colombo has led to increased costs and the need for new gantry cranes. Originally estimated at Rs 5 billion, the project now is projected to cost Rs 10 billion. The terminal’s extension aims to modernize and expand, with an anchorage increase.