Port Related Logistics Center in Bloemandhal Area

Description :

Project Name :
Port Related Logistics Center in Bloemandhal Area
Proposed Project Description :
National Port Master Plan of SLPA has identified the urgent requirement of development of port logistic activities in the Port of Colombo in order to cater the growing demand with higher efficiency. Further, as identified in the National Policy Frame Work (NPF) 2019, the port related logistics sector is one of the main arms of the logistics sector of the county which has identified as a key sector and a driving force for economic development of the country. Accordingly, SLPA plans to establish a state of art Port related logistics Sector in Bloemandhal area. Project consists of two stages. The Stage – 01; Port Related Logistics Center includes establishing a logistics center with a large warehousing complex for LCL, FCL, MCC, cold storage facility and entrepot cargo handling and other port related logistics activities and the Stage – 02; Multi Model Transport Hub includes a road rail interchange with adequate shunting yard, which would serve as the interchange point between the road and rail to serve the Terminals of Port of Colombo. The Stage 01; Port Related Logistics Center in Bloemandhal Area will be established with the participation of the private sector as a PPP project as the first step of the overall port logistics sector development in Bloemandhal Area.
Expected investment :
USD 50Mn
Expected method of partnership :
PPP project. Concession period will be 35 years, including construction of the facility. Prospective investor may be a single entity, a group of companies or a consortium. SLPA as an equity holder, share value of not less than 30% of the proposed facility will be from local component and out of which 15% of share value belongs to SLPA.
Employment generation :
The intended port logistics developments provide higher economic benefits to the country by facilitating the import and export trade with a lower transaction cost. The saving of the cost will be transfer to the end users and the local consumers feel the reduction of prices and in the same time the opportunities for higher export volumes with the competitive price. Further, the introduction of new port logistics services such as values addition for transshipment cargo and entrepot cargo handling will create number of direct /indirect job opportunities with multiplier effect.
Market potential :
This project has been identified in the National Ports Master Plan with future forecast of the market
Payback period :
This depends on the operational model and the capital investment plan
Period to commence commercial operation :
24 Month from the award of the PPP concession
Current status of the project :
The approval of Cabinet of Ministers has been granted to, call Request for Proposal (RFP) to select an investor/investors to implement Stage 01 of Proposed Port Related Logistics Sector Development in Bloemandhal Area on a Design, Built, Operate and Transfer (BOT) basis as Public private partnership (PPP) project and to appoint a Cabinet Appointed Negotiation Committee (CANC) and a Project Committee (PC).
Common infrastructure and utility availability :
Highway connectivity through Port Access Road / Bloemandhal road and Expressway connectivity through Port Elevated highway will be provided. The connectivity to the airport is less than 30 min through the Expressway connectivity. Further, the rail connectivity to the national rail network in available through adjacent railway line connecting Port of Colombo with the national rail network.
Geographical Location :
https://goo.gl/maps/QisvFrSA1cwZh8oWA
Land Extend :
5.5 ha
Estimated Land value :
NA
Land Agreement/ownership :
35 year land lease
Benefits to the Investor :
Operation of a large warehousing complex for LCL, FCL, MCC, cold storage facility and entrepot cargo handling and other port related logistics activities.
Contact details :
(Name, Designation, Institute, Telephone, Email, Website)
Ms. Fawzana Hussain
Chief Engineer (Planning and Development)-SLPA, Sri Lanka Ports Authority (SLPA)
+94714415288
fawzana@slpa.lk