Srilanka, Feb. 18 -- The government is allocating Rs.2.5 billion to address the severe congestion at the Port of Colombo and towards the digitalisation efforts in the logistics sector.



In Budget 2025, President Anura Kumara Dissanayake proposed to allocate Rs.500 million to set up the Kerawalapitiya customs inspection yard and Bloemendhal Logistics Park, in a bid to address the severe congestion at the Port of Colombo.

"The Port of Colombo is currently experiencing severe congestion, as the container volumes have surged significantly, exposing the need for critical development in infrastructure and systems and procedures," he said.

The proposed Rs.500 million is to support the land acquisition process and initial preparatory work o...