Sri Lanka Ports Authority Explained

Sri Lanka Ports Authority
Type:	Government-owned corporation
Revenue:	^[1]
Owner:	Government of Sri Lanka
Parent:	Ministry of Ports and Shipping
Location City:	Colombo
Location Country:	Sri Lanka

Sri Lanka Ports Authority (SLPA) is the state-owned operator of major commercial ports in Sri Lanka. Founded in 1979, SLPA currently operates ports in Colombo, Galle, Hambantota, Kankesanthurai, Oluvil, Point Pedro and Trincomalee.^[2] As of 31 March 2013 SLPA had a 3% stake in Colombo Dockyard.^[3]

History

The Sri Lanka Ports Authority Act No. 51 of 1979 established the SLPA by amalgamating Colombo Port Commission, Port (Cargo) Corporation and Port Tally and Protective Services Corporation.^{[4] [5]} The purpose of SLPA was to develop, maintain, operate and provide port and other services in the ports of Colombo, Galle, Trincomalee and other "specified ports".^[6]

Notes and References

1. Web site: Sri Lanka Ports Authority: Annual Report 2011. Parliament of Sri Lanka.
2. Web site: Location. Sri Lanka Ports Authority.
3. Web site: Colombo Dockyard: Annual Report 2013. Colombo Dockyard. 77.
4. Book: Tan. Chwee Huat. Dictionary of Asia Pacific Business Terms. 2004. Singapore University Press. 9971-69-275-9. 258.
5. News: de Alwis. A. Godwin. Lalith - The architect of the Sri Lanka Ports Authority. The Island (Sri Lanka). 20 April 2003.
6. Web site: Sri Lanka Ports Authority Act No. 51 of 1979. LawNet.