Will Sri Lanka’s Colombo Port ECT Terminal turn into a political tool or commercial asset? | Daily FT

East Container Terminal at the Colombo Port By Shenali D. Waduge Sri Lanka is an island nation which makes its ports and airports – the entry and exit points to the nation strategically important and necessitates elected governments to place this significance above all else. The importance of Colombo Port is both strategic and commercial; this further strengthens the need for any government to weigh the risks and odds when sourcing for foreign investors. Colombo Port is ranked 23rd globally and located in one of the world’s best routes for shipping. What Sri Lanka’s leaders need to ponder is w…

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HEDGE accordingly