East Container Terminal project

Why in news?

• Sri Lankan government has said that no final decision on East Container Terminal has been taken yet.

About ECT:

• The East Container Terminal is located in Colombo and adjoins the Colombo International Container Terminal (CICT) developed by Sri Lanka Ports authority and China Merchants Port Holdings Company Limited.
• As per the Memorandum of Cooperation (MoC) signed by Sri Lanka with India and Japan, Sri Lanka Ports Authority (SLPA) was to retain 100 per cent ownership of ECT.
• As per ECT, a jointly-owned terminal operations company — 51 per cent stake with Sri Lanka, and 49 per cent with India and Japan — would run the terminal.
• The terminal development project is estimated to cost between $500 million and $700 million.
• Once completed, the ECT would have a capacity similar to the Colombo International Container Terminal (CICT).
• The depth of the ECT, at 18m, will allow it to handle large container shipments along with other massive ships and oil tankers.

PRELIMS QUESTION

Consider the following pairs of Ports and the countries in which they are located: 
1.Bagamoyo – Tanzania
2.Kyaukpyu – Myanmar 
3.Mombasa - Kenya
Which of the pairs given above is/are correctly matched?
(a)1 and 2 only
(b)2 and 3 only
(c)1 and 3 only
(d)1,2, and 3

Answer to prelims question