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Oluvil Port Project

Sector: Seaport • Location: Oluvil, Eastern Province, Sri Lanka

Source: Daily Mirror - Sri Lanka

Project
Completed

The Oluvil Port project in the Eastern Province of Sri Lanka was funded by a loan agreement signed between Nordea Bank, Denmark and the Ministry of Finance and Planning of Sri Lanka on May 23, 2008. The project cost was 46 million Euros and was completed in 2013. The port remains unused due to accumulation of sand dunes making vessels inaccessible. The Sri Lanka Ports Authority is studying how to

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The project “Oluvil Port Project” is an infrastructure initiative in the Seaport sector, located in Oluvil, Eastern Province, Sri Lanka. Taiyo aggregates data on it from Daily Mirror - Sri Lanka.

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Participants

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Status

Original status

completed

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Description

Description

The Oluvil Port project in the Eastern Province of Sri Lanka was funded by a loan agreement signed between Nordea Bank, Denmark and the Ministry of Finance and Planning of Sri Lanka on May 23, 2008. The project cost was 46 million Euros and was completed in 2013. The port remains unused due to accumulation of sand dunes making vessels inaccessible. The Sri Lanka Ports Authority is studying how to make the port economically viable.

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Source

Source reliability

High

Data quality score

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Source

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URL

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More Details

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