Colombo International Container Terminals Ltd., (CICT) is a joint venture Company between China Merchants Port Holdings Company Limited. (CMPH) (formerly known as) China Merchants Holdings (International) Company Limited (CMHI) a listed blue chip company in the Hong Kong stock exchange and the Sri Lanka Ports Authority (SLPA). Under a 35 year Build Operate and Transfer Agreement with SLPA, Colombo’s third container terminal with a 2.4 million teus capacity was constructed in the Port of Colombo, Sri Lanka, under the Colombo South Harbour expansion project. CMPH holds 85% of the partnership whilst the balance 15% is being held by SLPA.
We are located adjacent to the Port of Colombo within a new water basin having a two lane access channel with a 20 metre depth and 18m water depth alongside the berths. Colombo’s new sea port terminal have a seamless land connectivity to the existing terminals whilst providing immediate connections to transhipment containers between terminals. We are equipped with the latest design ship to shore quay cranes with a 70 metre outreach, supported with cutting edge IT facilities. At present, CICT is the only South Asia’s terminal that provide a state of the art facility, equipped to handle the largest vessel’s afloat.
China Merchants Port Holdings Company Limited ("CMPort") was listed on the Hong Kong Stock Exchange in 1992, as the first mainland red chip enterprise to be listed in Hong Kong. Due to robust growth and increased market recognition, it became a Hong Kong Hang Seng Index constituent stock in September 2004. CMPort’s parent company is China Merchants Group, a conglomerate established in 1872, whose three core businesses include Transportation (Ports and Related Services, Toll Roads, Energy Shipping and Logistics), Finance (Banking, Securities, Funds, Insurance) and Property.
CMPort is the largest public port operator in China with investments in Mainland China, Hong Kong and overseas. Its nationwide port network expands across the Bohai Economic Zone, the Yangtze River Delta, the Xiamen Bay Economic Zone, the Pearl River Delta, and the Southwest region, includes the coastal hub ports in Hong Kong, Shenzhen, Ningbo, Shanghai, Qingdao, Tianjin, Xiamen Bay and Zhanjiang. Besides, the joint venture established by CMPort and China – Africa Development Fund has successfully acquired 47.5% stake of Tin-Can Island Container Terminal LTD. in Nigeria in 2010.
In 2015, CMPort invested terminals handled 83.66 million TEUs-topping national rankings and placing CMPort at the forefront of the world's largest independent port operators. Throughput volume of CMHI-invested terminals in mainland China accounted for 29% of China’s total container throughput.
In addition to the container terminal business, CMPort is also proactively developing value-added marine logistics services relating to the port industry, which include the Bonded Logistics Park in Shenzhen, Qingdao and the Tianjin Haitian Bonded Logistics Zone, apart from the fast and safe information platforms serving for its terminals, logistics parks and customers, and the South China Shuttle Barge Services complementary to Shenzhen western terminals.
CMPort strives to find its place in new areas by establishing China Merchants Americold Logistics Company Limited jointly with Americold Realty Trust to operate an integrated nationwide cold-chain platform in China.
CMPort adheres to a "customer first" principle. It strives to strengthen its core competencies to serve the expanding global economy.
The Sri Lanka Ports Authority (SLPA) was set up by an Act of Parliament in 1979 and administers and operates all specified commercial Ports in Sri Lanka. The specified Port now includes Colombo, Galle, Trincomalee, Kankasanturai and Point Pedru.
The Port of Colombo being the premier Port in the country has naturally become the focal point of the all Port development activities in Sri Lanka since the formation of the SLPA. However, as a consequent of the Government policy to develop the regional areas in the country, the SLPA attaches equal emphasis on the development of Ports of Galle , Trincomalee, Kankasanthurai , Point Pedru and a new Port at Hambantota