Westports keen to take part in bidding consortium

Kenanga Research was positive on the company as the container terminal in Westports is the major revenue generator.

KUALA LUMPUR: Westports Holdings Bhd has confirmed that it is keen to participate in the Hayleys PLC-led consortium bidding to complete the construction of Colombo Port’s East Container Terminal in Sri Lanka.

The Sri Lankan government called for bids to develop the deep-water terminal on a “build, operate and transfer” basis last year. The project at Sri Lanka’s busiest port has been reported to be worth anything from US$400mil (RM1.73bil) up to US$600mil (RM2.59bil).