China-backed Hambantota International Port Group said it has struck a deal with Sri Lanka’s Rank group to set up a cargo inspection yard which speed up the clearing of import-export containers and clear bottlenecks.

Founded in 1994, RCT is the largest inland terminal operator and its facility in Colombo has key state agencies including Sri Lanka Customs in-house.

“By leveraging this experience, RCT plans to replicate its successful one-stop-shop model in Hambantota, by providing comprehensive container handling and inspection services designed to streamline cargo movement and minimise logistical bottlenecks,” HIPG said.

“The developer will integrate modern technology and infrastructure in close collaboration with Sri Lanka Customs and other relevant government agencies involved in container inspection.”

Hambantota Port recently installed cranes which allow it to handle up to a million containers a year.

“These extensions to the container yard are in line with our original master plan for
Hambantota,” Wilson Qu, Chief Executive of HIPG said.

“Each new development strengthens the port’s ability to meet the growing logistical demands of the region and positions HIP as a key enabler of trade and industrial growth in southern Sri Lanka.”

“This facility is mainly targeted at servicing the southern hinterland of Sri Lanka,” RCT Chairman Ravi Wijeratne was quoted as saying in the statement.

“With the Colombo Port facing an excess of supply, HIP can help reduce the pressure by providing an efficient alternative for container handling and inspection.”HIPG said the ground breaking of the billion rupee project “represents a significant private-sector commitment to enhance operational efficiency, regulatory compliance, and trade facilitation.