Sri Lanka’s China-backed Hambanota Port is entering fertilizer and cement storage and handling services, Nishantha Gamage, Senior Manager, Commercial & Marketing, Hambantota International Port Group said.
A 10,000 square metre bonded cargo warehouse for fertilizer built with an investment of 2.2 million US dollars by a private investors will come on stream in the first quarter of 2023.
It will cater to Sri Lanka and the region, Gamage told the Colombo International Maritime & Logistics Conference.
A 3 million US dollar dry bulk warehouse built by another investor to store cement raw material will be completed by the end of the year.
Hambantota Port is also unloading raw material for another cement factory in Mirijawila where materials are transported by a covered conveyor.
The Port is run by Hambantota International Port Group (HIPG) which is a joint venture between China’s CMPorts group and state-run Sri Lanka Ports Authority.