CICT – The Mega Transshipment HubThe shining light of South Asia
Tissa WickramasingheChief Business Development Officer
Colombo International container Terminals Limited
Presentation Outline
South Asia – Current Status
Colombo’s role in South Asia
Development of Port of Colombo
CMPort Investment in POC and Economic value of CICT
CMPort/CICT contribution to POC and Sri Lanka
CMPort/CICT commitment to the environment
CMPort/CICT global network
9.1
6.3 5.5 6.1
6.8
7.4
6.56.9
7.3 7.5 7.6 7.7 7.8
5.4
4.2 3.5 3.4 3.5 3.43.1
3.5 3.6 3.7 3.7 3.7 3.8
-2
-1
0
1
2
3
4
5
6
7
8
9
10
0 2 4 6 8 10 12 14
Eastern Europe Middle East (Region) South Asia
Southeast Asia Sub-Saharan Africa (Region) World
South Asia – The fastest growing region in the world
2010 2012 2014 2018 2020 20222016
GD
P G
row
th R
ate
(%)
Source: IMF
Colombo – South Asia’s Hong Kong
Colombo
Hong Kong
157 TEU/ `000 peoplePopulation - 1.41 billion
10 TEU/ `000 peoplePopulation - 1.34 billion
Colombo International Container Terminals
Only deepwater terminal in the region
• 20,000+ TEUs vessels
Strategic Location
Common user facility
Strong service network and higher frequency
State of the art technology and equipment
Practices of ease of doing business
• Mobile App/ E Boat Notes
Service delivery – Higher productivity/ Competitive tariff rates
• SLA/ ECI & Volume Rebates
Promote green supply chains
• ERTGs – Producing zero emission
Proactively meeting the regional challenges
• Enhancing deepwater capacity
-10%
-5%
0%
5%
10%
15%
20%
25%
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Volume y-o-y
Port of Colombo – Volume Analysis
Economic Value of CICT
CICT
Connectivity
New Employments
Logistics Potential
Service Level
Port of Colombo
Social Responsibility
• Direct & Indirect employment opportunities
• Empower youth
• Establish a preferential working environment for the logistics partners (Freight forwarders Importers, Exporters & Transport service providers)
• Improved connectivity between local & global transportation
• Higher productivity & Unmatched service delivery
• Environmental Responsibility• Social inclusion• Encourage innovative export
industry
• Develop Port of Colombo as a main focal point on the east west shipping route for ULCVs.
• Collaborative development
0
20
40
60
80
100
120
140
2008 2010 2012 2014 2016 2018
Sri Lanka
India
Singapore
Malaysia
UAE
Sri Lanka tops the Connectivity
Source: UNCTAD
Co
nn
ect
ivit
y V
alu
e
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
2008 2010 2012 2014 2016
Bangladesh India
China Germany
Liner Shipping Bilateral Connectivity with Sri Lanka
0.00
0.20
0.40
0.60
0.80
India China Japan UAE Singapore
2010-2013 2014-2016
Top 5 Import Partners (By Value)
Top 5 Export Partners (By Value)
Source: UNCTAD/ CICT MARKET INTEL
Co
nn
ect
ivit
y Sc
ore
bet
we
en
th
e c
ou
ntr
y
0.45
0.50
0.55
0.60
0.65
USA UK India Germany Italy
2010-2013 2014-2016
Avg
. Co
nn
ect
ivit
y Sc
ore
Avg
. Co
nn
ect
ivit
y Sc
ore
Future – Routing Cargo via CICT
CICT
Turkey
Brazil
Djibouti
ChinaIndian sub ContinentMorocco
Nigeria, TogoIvory Coast
Thank You !!