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Hambantota Port moving at speed despite gloomy market
The Hambantota Port has signed deals with more than 30 countries as it looks to promote its operations globally.
Hambantota International Port Group (HIPG) said that the promotional activities have garnered commendable results despite the gloomy market situation experienced globally.
“We are rapidly moving to diversify HIP’s industrial zone portfolio and at the same time we are widely promoting the location internationally. We have signed with more than 30 investors from across the globe i.e. the UK, Singapore, Japan, Sri Lanka, China and now the Maldives,” Johnson Liu, CEO of HIPG said.
HIPG in a release said: The new operational blueprint of the Hambantota International Port (HIP) is impacting all aspects of the port’s activities. “HIP Speed” is a concept to increase efficiency and momentum across port operations for the benefit of all stakeholders.
“HIP Speed will bring a new dimension to investment in port operations and allied industries. We put this formula in place taking into consideration the opportunities that will emerge in the coming year, when supply and demand structures will change and trade routes will be reinvented. The Hambantota Port is well placed on the global maritime map for growth and investment, and this formula is to strengthen processes and infrastructure to capitalize on future opportunities. As per our overall plans the HIP will be a port that will complement the services of other ports operating in Sri Lanka,” says Johnson Liu, CEO of the Hambantota International Port Group (HIPG).
HIP Speed is modeled on previous hands-on experience of the current CEO in other facilities managed by the CMPort, ensuring efficiency and momentum of projects that would otherwise have dragged their feet in planning and execution. The concept also extends to customers establishing their operations in the port’s industrial zone; so that they receive optimum support in clearing speedily any bottlenecks. HIPG is also working on establishing branch offices of leading investor companies, shipping and logistics agents, and has leased out seven floors of the Maritime Centre to more than 30 interested parties. The One Stop Service (OSS)facility with representative offices from BOI and Customs have made the whole investment process more efficient, the same facility will be available from the Ministry of Industries in the near future. The aim of this effort is to minimise the burden on investors when obtaining required certification and approvals from government institutions.
Tissa Wickramasinghe, Chief Operating Officer of HIPG says, “The first two years of our operations was dedicated to setting up the processes, which included drawing up the master plan and putting in place a Standard Operating Procedure (SOP). This was vital as when launching a project such as this we need to get everything right the first time over. While we looked at overseas models for benchmarking and maximising our operational efficiency, we were guided mainly by the global standards and procedures of CMPort, which operates more than 50 ports and terminals all over the world. In the first half of 2021, CMPort achieved double-digit growth on its container throughput and bulk cargo volume at home and abroad. The Group’s ports handled a total container throughput of 66.57 million TEUs, up by 21.3% compared with the corresponding period last year, and bulk cargo volume of 284 million tonnes, up by 42.8% over the same period of the previous year.”
Their partnership with the Shenzhen Xinji Group to set up a plug and play ‘Park in park’ manufacturing facility within the industrial zone is an example of how HIP Speed operates. The project went into construction within 20 days of signing the partnership agreement with HIPG.
Likewise, several projects have reached the construction stage, like the Ceylon Tire Manufacturing facility, which is nearing completion of leveling and clearing work
Another area HIP Speed also has worked well is in fast tracking the promotion of the port internationally. The promotional activities have garnered commendable results despite the gloomy market situation experienced globally. “We are rapidly moving to diversify HIP’s industrial zone portfolio and at the same time we are widely promoting the location internationally.” says Johnson Liu, CEO of HIPG.
HIP Speed prioritises operational efficiency, constantly reviewing processes to maximise the throughput and give maximum benefit to customers.
A state-of-the-art yacht building facility is also to be set up at the port by Sea Horse Yachts (Pvt) Ltd. HIPG recently entered into an agreement with the newly incorporated company, a premium luxury yacht builder which is privately owned by boating enthusiasts from Maldives. The initial investment for the facility, which will be located within the Hambantota International Port, is set at approximately USD 58 million (Sri Lankan Rupees 11.5 billion) and production is set to commence by early 2022.
The port’s overall cargo handling volume increased by 186% in the first half of this year in comparison to the corresponding period in 2020. The total throughput increased from 420,421 MT by end June 2020, to a significant 1,206,425 MT.
The vision of HIPG is to develop the Hambantota International Port to become an energy hub for South Asia. In order to build this energy hub, HIPG entered into a strategic partnership with Sinopec Fuel Oil Lanka Limited (SFOL) to provide bunkering services as a wholesale exporter and also service vessels calling HIP as a value added service. Bunkering is an important part of HIP’s energy services portfolio. Sinopec with their vast resources guarantees the supply of VLSFO in Hambantota currently and MGO in the near future, enabling the port to service all vessels plying the principal sea route in the Indian Ocean.
Transshipment of LPG and delivery for local consumption is also a part of the energy hub mix at HIP, which has the two main players operating supply facilities within the port. HIP has also partnered with Intertek Lanka (Pvt) Ltd to establish a state-of-the-art petroleum testing laboratory, within the port to provide services to the energy hub, further strengthening HIP capacity to provide these services.
Not only is HIP investing in the efficiency of port operations, they are also helping the surrounding community deal with the pandemic in a timely manner. HIPG has provided funding to establish a fully-fledged PCR testing laboratory at the Hambantota District General Hospital. Part of the funding for the PCR testing facility comes from the China Merchants Foundation (CMF), the philanthropic arm of HIPG’s main shareholder, CMPort. Many donations of personal protection equipment have also been made to government institutions in Hambantota.
In addition to bringing in new foreign investment, HIPG is increasing its own investment footprint at Hambantota Port, as well as creating more employment opportunities for locals and promoting the development of local industries. The group will continue to promote the port and the Hambantota district, with a view to turning it into a new Maritime centre, which in turn will have the desired impact on the Sri Lankan economy as a whole.
Latest News
Sun directly overhead Bentota, Thiniyawala, Iththakanda, Udawalawe, and Kataragama about 12.08 noon t9day (06)
The sun is going to be directly over the latitudes of Sri Lanka from 28th of August to 07th of September due to its apparent southward relative motion.
The nearest places of Sri Lanka over which the sun is
overhead today (06) are Bentota, Thiniyawala, Iththakanda, Udawalawe, and Kataragama about 12.08 noon
News
UN welcomes Lanka’s anti-graft drive, seeks end to impunity
MONETABRIEF –The UN human rights chief on Thursday welcomed Sri Lanka’s robust anti-corruption drive but urged President Anura Kumara Dissanayake to apply the same vigour to ending impunity for continuing rights abuses.
In its latest report to the UN Human Rights Council in Geneva, High Commissioner Volker Turk noted that cases of torture and deaths in custody continued to be reported in Sri Lanka despite the change of administration.
“While it is encouraging that the Sri Lankan authorities have taken action to address corruption cases and some crimes linked to the post-war period, more needs to be done to end the long legacy of impunity in the country,” the rights chief said.
His report, covering October 2025 to July 2026, notes steps to tackle corruption, including high-profile arrests and investigations linked to political killings, enforced disappearances and the 2019 Easter Sunday attacks.
He said it had been a difficult period for Mr Dissanayake’s new government, following the devastating Cyclone Ditwah which killed some 650 people and devastated much of the island and a global spike in energy prices.
The report noted that the Human Rights Commission of Sri Lanka had documented 602 cases of torture and ill-treatment in 2025 and 138 cases by April 2026.
The local commission also reported 18 deaths in custody last year and a further three by April this year. In one such case, a 40-year-old inmate detained for a minor drug-related offence died at Welikada Prison in Colombo on 3 May, allegedly from severe beatings.
“This Government still has an opportunity to turn the tide on decades of abuse of executive power, repressive laws and custodial violence, and entrenched impunity,” Turk said.
He regretted that the government had yet to deliver on its promise of legal and institutional reforms and continued to apply the repressive Prevention of Terrorism Act (PTA), resulting in arbitrary arrests and prolonged detention without charge.
Civil society actors, activists and journalists remained subject to state surveillance, while tensions over land and religious sites continued to simmer, the report said.
It also highlighted violent riots at Negombo Prison in July, which left at least 32 dead, underscoring the urgent need for prison reform to address systemic issues, including severe overcrowding.
The UN Human Rights Office had received at least 16 allegations of surveillance against civil society actors, activists and journalists, the report said.
There was “a clear and continuing pattern of state surveillance, intimidation and reprisals by military and intelligence officials, including from the Criminal Investigations Department or the Terrorism Investigation Division”.
“Individuals are repeatedly questioned about their travels, especially to Geneva and engagement with UN human rights processes, as well as their organizational affiliations, funding sources, and participation in protests or commemorative events.”
While the Government had continued to denounce racism and promote national unity, wider efforts to ensure truth and justice risked stalling and the momentum for transformative change being lost, the report warned.
Failures to effectively investigate and prosecute crimes under international law allegedly committed during the armed conflict persisted.
“It is crucial that there is decisive and meaningful action toward accountability for crimes and violations by all parties during the more than two-decade armed conflict,” Turk said.
He noted the recent decision by the Attorney-General to indict former Eastern Province Chief Minister Sivanesathurai Chandrakanthan, also known as Pillayan, and three others in connection with the abduction and murder of former Eastern University Vice-Chancellor Professor Sivasubramaniam Raveendranath in 2006.
“It is, however, regrettable that many other serious emblematic cases remain stalled for years, including the killing of 17 Action Contre La Faim aid workers in Muttur 20 years ago,” he said, calling for meaningful steps to resolve such delays.
The High Commissioner urged Sri Lanka to redouble its reconciliation and accountability efforts. He called for a moratorium on the use of the Prevention of Terrorism Act pending its repeal, as well as the release of long-term detainees held under it.
He also called for all individuals credibly accused of human rights violations to be excluded from senior positions in government, the security sector or the diplomatic service until such allegations were genuinely addressed and resolved.
He urged the Government to support victims’ memorialisation initiatives and to release military-occupied lands.
News
Dispute which triggered listed company director being detained at BIA resolved
A dispute between a wholly owned subsidiary of Lanka Realty Investments PLC, Mulberry Holdings (Pvt) Ltd., and a contractor, Omni Engineering & Trading Solutions, that resulted in Executive Director Hisham Jamaldeen of Lanka Realty being stopped at Katunayake and prevented from leaving on a business visit to the UK has been resolved with Jamaldeen bailed and the travel ban imposed on him revoked by the Maligakanda Magistrate, Lanka Realty’s said in a Stock Exchange filing last week.
This followed Mulberry agreeing to pay Rs. 25 million to Omni on or before Sept. 26.
Following media reports of Jamaldeen being prevented from leaving the country at the BIA, Lanka Realty made two Stock Exchange filings on Sept. 3 – the first detailing the dispute between the two parties and the second indicating that the matter had been settled.
In the first filing, the Secretaries for Lanka Realty said:
“The article refers to Mr. Mohamed Hisham Jamaldeen, Executive Director of Lanka Realty Investments PLC and a Director of Mulberry Holdings (Pvt) Ltd, a wholly owned subsidiary of the Company and the developer of “Mulberry Residences” in Colombo 10.
“Mulberry Holdings (Pvt) Ltd entered into a construction contract with Mr. Randika of M/s Omni Engineering & Trading Solutions on 21st June 2022 for a sum of LKR 32,854,992.00), which is less than 1% of the total value of the “Mulberry Residences” Project which is around LKR 3.6 Billion.
“The said contract is governed by the CIDA/SBD1 Standard Bidding Document Conditions of Contract, which provides for adjudication and, if required, arbitration as the applicable dispute resolution process. The Company understands that the underlying matter relates to a contractual payment dispute involving Mulberry Holdings (Pvt) Ltd’s aforcsaid contract.
“Following a call received from the Colombo Crime Division (CCD), Mr. Jamaldeen went to the CCD on 25th August 2026 and provided a statement in relation to the matter inter alia explaining that the matter in dispute was arising from a civil contract. He was not arrested on that date and was not informed at that time or thereafter prior to receiving information at the Airport, that a travel ban had been imposed.
“On 2nd September 2026, while travelling overseas for business on a pre-arranged itinerary, Mr. Jamaldeen was informed at immigration of a travel ban imposed on 24th August 2026, following which he was arrested by the CCD. A bail application is expected to be made when Mr. Jamaldeen is produced before the Magistrate’s Court of Maligakanda today, 3rd September 2026.”
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