SRI LANKA PORTS AUTHORITY REPORTS RECORD PROFIT AND EXPANSION PLANS

The Sri Lanka Ports Authority (SLPA) has reported a substantial profit increase of 66% for the first six months of 2025.

According to the Ministry of Transport, Highways, Ports, and Civil Aviation, the SLPA's profit grew from Rs. 14,691 million in the first half of 2024 to Rs. 24,418 million during the same period this year.

The Colombo Port handled over 4 million TEUs in the first half of 2025 and is on track to surpass 8 million TEUs by the end of the year.

The Ministry also announced that the second phase of operations at the East Container Terminal is expected to begin by the end of this year, while the fifth phase of the Jaya Container Terminal is scheduled for completion within 2025.

Further plans for expansion are underway, with preliminary work for the second phase of the West Container Terminal and the development of the Colombo North Port.

These projects are expected to further enhance the capacity and efficiency of the Colombo Port in the coming years