US DFC grants $553m to support Colombo Port expansion with Adani Group

US DFC grants $553m to support Colombo Port expansion with Adani Group

In a strategic move to enhance infrastructure and promote economic development, the U.S. International Development Finance Corporation (DFC) has committed a substantial investment to the tune of $553 million. This funding is allocated for the Colombo West International Terminal Pvt. Ltd. (CWIT) — a collaboration between India’s Adani Ports, Sri Lanka’s John Keells Holdings, and […]