The Hambantota International Port (HIP) has experienced a substantial increase in volumes, with a 40 per cent growth recorded in 2024 to date. The port’s Commercial and Marketing division says the growth is expected to reach 50 per cent by the year end, according to a company media release. “The impressive performance and strategic growth [...]

Business Times

Hambantota Port plans 50% growth in 2024

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The Hambantota International Port (HIP) has experienced a substantial increase in volumes, with a 40 per cent growth recorded in 2024 to date. The port’s Commercial and Marketing division says the growth is expected to reach 50 per cent by the year end, according to a company media release.

“The impressive performance and strategic growth of the port in 2024 demonstrate the Hambantota International Port Group’s (HIPG) expertise in networking and marketing, managing port operations as well as HIP’s ability to efficiently handle rising volumes. This achievement not only showcases the port’s effectiveness but HIPG’s commitment to its continuous development, in terms of increased efficiencies, strategic investments in infrastructure and services. The port’s leadership has been pivotal in driving this success,” said Lance Zuo – General Manager Commercial and Marketing.

Cruise vessel entering HIP

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