Project Name Colombo Port Efficiency and Expansion Project
Project Number 33019-013
Country / Economy Sri Lanka
Project Status Closed
Project Type / Modality of Assistance Loan
Source of Funding / Amount
Loan 1841-SRI: Colombo Port Efficiency and Expansion Project
Asian Development Fund US$ 10.00 million
Strategic Agendas Regional integration
Drivers of Change Governance and capacity development
Private sector development
Sector / Subsector

Transport / Water transport (non-urban)

Gender No gender elements
Description The proposed Project will assist the Government to realize the potential of Colombo Port to become a major internationally competitive port in South Asia by (i) expanding private sector participation in the port sector; (ii) commercializing public sector operations and thereby improving efficiency; (iii) adopting a strategic approach to enlarging Colombo Port and maximizing private sector funding.
Project Rationale and Linkage to Country/Regional Strategy The country relies on Colombo Port for its international trade links. The port's efficiency is essential for the country's economic development, and is an important determinant of employment creation and poverty reduction. This port dominates the port sector in the country. To improve the efficiency of the port sector requires the Government to address the institutional and policy reforms under the sector.
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Safeguard Categories
Environment A
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services A firm of international consultants, in association with domestic consultants, will be engaged. The services will require about 537 person-months of consulting services consisting of 288 person-months of international consultants and 249 person-months of domestic consultants. The consultants will be required to have expertise in (i) revising port sector legislation and establishing a port regulator; (ii) port operations re-engineering, information systems (including EDI), and ISO certification for an existing container facility; (iii) taxation, logistics and marketing relating to PC/ distribution hubs; (iv) market analysis, financial analysis and concession planning related to preparing a business plan and the management of a new container facility; (v) port planning, engineering, concession documentation, and environmental impact assessment required to prepare engineering designs and concession/contract documentation for a new container facility; and (vi) social and development impacts of the new container facility.
Procurement None.
Responsible ADB Officer Chen, Chen
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies
Ministry of Port Development and Shipping
Mr. D. Godage
Colombo, Sri Lanka
Timetable
Concept Clearance 08 Mar 1999
Fact Finding 19 Mar 2001 to 04 Apr 2001
MRM 19 Aug 1999
Approval 27 Sep 2001
Last Review Mission -
PDS Creation Date 03 Feb 2007
Last PDS Update 20 Oct 2010

LoanĀ 1841-SRI

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
27 Sep 2001 07 Nov 2001 07 May 2002 29 Feb 2004 31 Dec 2010 16 Nov 2009
Financing Plan Loan Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 14.40 Cumulative Contract Awards
ADB 10.00 17 Jun 2022 8.64 0.00 100%
Counterpart 4.40 Cumulative Disbursements
Cofinancing 0.00 17 Jun 2022 8.64 0.00 100%
 
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Source URL: https://www.adb.org/projects/33019-013/main