Srilanka, Nov. 8 -- The government is set to revise and update the national port master plan alongside a strategic land use master plan, allocating Rs.300 million in Budget 2026 for this vital groundwork.

This strategic planning initiative is the cornerstone of a broader ambition to transform Sri Lanka into a leading regional logistics hub, moving beyond simple transshipment to offer comprehensive, value-added services that capitalise on the island's geographic advantage.

In his Budget Speech, President Anura Kumara Dissanayake highlighted the underutilised potential of the sector.

"Sri Lanka has significant potential to become a regional leader in port logistics, leveraging its strategic location," Dissanayake stated, outlining a multi...