Government hand over 13 acres of land worth hundreds of millions of rupees to a Chinese company to set up a warehouse complex without a formal tender procedure

Niroshan Gorakanage, General Secretary of the All Ceylon Ports General Employees’ Union, said that the decision to hand over 13 acres of land worth hundreds of millions of rupees to a Chinese company to set up a service center (warehouse complex) without a formal tender procedure was a serious fraud.

This land, which has more commercial value than the Colombo Port City land complex, is to be handed over to the relevant Chinese company at a paltry sum of Rs. 850,000 per acre per year. According to his knowledge, the value of a perch in this area has exceeded Rs. 300 million.

He said that the transfer of land owned by the port to a foreign company would endanger the jobs of about 650 port employees.

He stated that the project has been approved by the Cabinet without even obtaining a formal assessment report from the Chief Government Assessor.

Therefore, he concluded that all the trade unions in the port will launch a strong fight in the future to prevent this fraudulent transaction.