SRI LANKA, April 14 -- The Sri Lanka Ports Authority (SLPA) is in the process of purchasing three Ship to Shore (STS) cranes to expand the Jaya Container Terminal 5 (JCT).

"The Sri Lanka Ports Authority (SLPA) is in the process of purchasing three STS cranes for the expansion of JCT 5. The USD 25 million investment has been approved by a Cabinet-appointed procurement committee," Ports, Shipping and Southern Development Minister Sagala Ratnayaka tweeted last week. "This is the first step in a rapid, accelerated expansion program to cater to the growing demand from customers. We will continue to listen and improve as required by market conditions," he added. Last year, the government decided to expand JCT 5 with a wider quay and modern equip...