CWIT

U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million

Retrieved on: 
Wednesday, November 8, 2023

U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.

Key Points: 
  • U.S. International Development Finance Corporation (DFC) has announced that it will be funding Colombo West International Terminal Pvt.
  • Ltd. (CWIT) – a consortium of India's largest port operator Adani Ports and SEZ Ltd., Sri Lanka's leading enterprise John Keells Holdings (JKH) and the Sri Lanka Ports Authority – to the tune of USD 553 million.
  • View the full release here: https://www.businesswire.com/news/home/20231107733135/en/
    U.S. International Development Finance Corporation, America’s Development Finance Institution, to Fund CWIT, Adani’s JV in Sri Lanka, for USD 553 Million (Photo: Business Wire)
    DFC, the U.S. government’s development finance institution, partners with the private sector to finance solutions to the most critical challenges facing the developing world.
  • “Sri Lanka is one of the world’s key transit hubs, with half of all container ships transiting through its waters.