Prime Minister Dr. Harini Amarasuriya stated that both public and private investments are essential for developing large-scale infrastructure, but all investments and partnerships must be undertaken with accountability and proper regulation.
The Prime Minister made these remarks on 30 September while participating in the official opening of Phase II of the Colombo West International Terminal (CWIT) at the Port of Colombo.
Addressing the occasion, Prime Minister Dr. Harini Amarasuriya stated:
The port sector plays a significant role in strengthening Sri Lanka’s economy and building a competitive economy driven by modern technology. Sri Lanka’s location close to the major maritime routes of the Indian Ocean is a significant advantage for our country. The Government expects to make effective use of advanced port infrastructure, skilled workforce and access to international markets to attract sustainable investments, create employment opportunities, increase exports and accelerate economic transformation.
The modern digital technologies utilised at the CWIT, including automated cranes, electric terminal vehicles (Electric ITVs) and real-time monitoring systems, are commendable. However, alongside expanding the physical capacity of the port, it is equally essential to develop the local technical and human skills required to operate and sustain such technologies.
Both public and private investments are necessary for large-scale infrastructure development. However, all such investments and partnerships must be undertaken with accountability and proper regulation. We must pay close attention not only to the volume of investments entering the country, but also to their quality, sustainability, and alignment with Sri Lanka’s long-term economic and strategic objectives.
Sri Lanka’s economic future depends on building strong relationships with regional and international partners. In particular, there is significant potential to further strengthen our trade, investment and people-to-people relations with India, one of our most important economic and regional partners, while respecting the mutual interests and priorities of both countries.
The occasion was attended by the Governor of the Western Province Hanif Yusoof, Deputy Minister of Ports, Shipping and Aviation Janitha Ruwan Kodithuwakku, High Commissioner of India Santosh Jha, Secretary to the Prime Minister Pradeep Saputhanthri, Secretary to the Ministry of Ports, Shipping and Aviation W.W.S. Mangala, along with senior government officials, chairpersons and heads of institutions, and guests.