The Hambantota International Port (HIP) situated
strategically on the southern tip of Sri Lankan Island has recently signed an
agreement for Port-to-Port Cooperation with the Ranong Port in Thailand
according to reports in the Sri Lankan media.
a bid to build synergies between these two Maritime locations
The partnership is a bid to build synergies
between these two Maritime locations. Thailand is currently following a policy
to boost trade with India, Bangladesh, and Sri Lanka under the framework of the
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
Thailand has also recently signed an agreement to
facilitate a new maritime route between the Krishnapatnam Port in India and
We are very happy to be a part of this initiative
as it is looking at developing the BIMSTEC region to the benefit of all its
partners. With Hambantota International Port now coming strongly into this
play, we can see it becoming an important nodal which will facilitate the
movement of cargo not only in the region but also countries to the West of Sri
Lanka," said Ray Ren, CEO of Hambantota International Port Group (HIPG).
As we develop these connections and become an
active facilitator of a gamut of Maritime services for which our multi-purpose
port is now gearing itself, we expect to partner international and Sri Lankan
companies in port-related industries.
the gateway port for the Southern region of Sri Lanka
The industrial zone, which will be situated
adjacent to the docks in the bonded area of the Hambantota Port is a totally
new offering for the region. It will also make HIP the gateway port for the
Southern region of Sri Lanka," says Ren.
The first phase of the agreement, with Ranong
Port and Hambantotal International Port would be to exchange information and
have cooperation in port management, operations, information technology,
communication, port connectivity, port-related industries, and investment
promotion in order to enhance the development of the two ports.
Coastal Shipping between Ranong Port and HIP to be the next step
The possibilities of introducing Coastal Shipping
between Ranong Port, and Hambantota International Port, with a view to
promoting bilateral trade, investment, and Maritime transport Logistics would
be considered in the next step.
Working Group Meeting to be established to achieve objectives of the agreement
To achieve the objectives of this agreement we
shall establish a Joint Working Group Meeting to draw up concrete programs and activities.
The Joint Working Group Meeting will be organized every two years and each
Party will take turns in hosting the biannual meeting," says Lance Zuo,
General Manager – Commercial and Marketing of HIPG, who represented HIP at the
A special seminar on "Thailand and Sri Lanka: Opportunity and Way
Forward" was held after the signing ceremony. The main aim of the seminar
was to promote maritime transport, port/shipping business, and port-to-port
cooperation between Thailand and Sri Lanka through this agreement.
Mr.Bindu Ranasinghe, Assistant General Manager
Commercial and Marketing, HIPG who was also present at the seminar, made a
presentation on the development of HIPG, which was followed by a panel