AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

 COLOMBO: Sri Lanka is coming up with a huge port project at Hambantota in the south of the island country.

This was stated by the Sri Lankan Minister for Justice, Rauff Hakeem.

He was talking to media in Colombo during the inaugural ceremony of the General Sales Agent (GSA) office of the Pakistan International Airlines (PIA) in the Sri Lankan capital.

PIA has re-launched its flights from Karachi to Colombo after a gap of over three years.

The GSA office of PIA in Colombo was inaugurated by the Managing Director of the national carrier, Captain Nadeem Yousufzai.

Inaugural ceremony was also attended by Rauff Hakeem, who is also the leader of the Sri Lanka Muslim Congress.

He further stated that Hambantota is one of the largest development projects undertaken by the present Sri Lankan government.

Rauff Hakeem pointed out that Hambantota is important because it happens to be in the busiest shipping lane in the Indian Ocean and will handle some 246 vessels per day across part of Sri Lanka and will have necessary facilities for refuelling, bunkering purposes.

He was of the view that the real business Sri Lanka can attract is the transshipment of cargo.

Rauff Hakeem said that Sri Lanka is a small country and its industrial export is not a big segment of its segment of its cargo and has to depend on sizable chunk of transshipment cargo.

`For this we look forward to the Indian subcontinent- Pakistan, India, Bangladesh, with strong rail and road link and also some feeder vessels, Sri Lanka can become a regional hub of shipping', he remarked adding that this is the idea being the Hambantota port.

Rauff Hakeem opined that there is a potential for Hambantota to overtake Colombo is more because it is almost on the sealane.

He said that the offshore and inland facilities for the port are being carried out.

The Minister said that Sri Lanka and Pakistan enjoy deep friendly relations and that these are heading in the right direction and `perhaps this is a golden era of best relations between the two countries', he remarked.

He said that Pakistan has been one of the very sincere friends of Sri Lanka and that this has been illustrated many a times and extended assistance during the extreme challenges faced by Sri Lanka.

Rauff Hakeem said that Sri Lanka too has reciprocated its goodwill towards Pakistan.

He also referred to the recent visits of President Asif Ali Zardari and Army Chief General Ashfaq Parvez Kayani to Sri Lanka and this show the kind of importance Pakistan is giving to Sri Lanka.

Copyright APP (Associated Press of Pakistan), 2010

Comments

Comments are closed.