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Port of Colombo's SAGT celebrates 21 years of maritime excellence

SOUTH Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka's first private public partnership (PPP) and a flagship venture of the Board of Investment (BOI), commemorated 21 years of maritime excellence recently in the Port of Colombo

17 September 2020 - 19:00

SOUTH Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka's first private public partnership (PPP) and a flagship venture of the Board of Investment (BOI), commemorated 21 years of maritime excellence recently in the Port of Colombo.

SAGT, which began operations in 1999 as a PPP project to develop a container terminal in Sri Lanka under a 30-year BOT concession, achieved 2 million TEU in 2018 for the first time in its history, reports ColomboPage News Desk, Sri Lanka.



With the ongoing Covid pandemic, 2020 was a challenging year for the industry especially with the consumption of goods and services around the world diving.



SAGT'S Covid response included initiatives to present enhanced health and safety procedures with monitoring of the wellbeing of staff members and other key stakeholders. It adopted digitalisation collaborating with Tradelens, a blockchain-powered data platform aimed at enhancing operational efficiency. Another initiative included a payment gateway for the e-clearance of import containers to offer accessible and hassle-free services to customers.



The Covid pandemic has been a hurdle for SAGT, but the initiatives taking forward has allowed the company to make adjustments.



'Innovation, teamwork, and determination have allowed us to overcome the challenges, reinvent processes, and embrace the new normal. We greatly appreciate the support extended to us over the years by all our stakeholders and will aim to enhance our services for the betterment of our all our stakeholders,' said chief executive officer Romesh David.


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