Hambantota International Port projects 50% growth
The Hambantota International Port (HIP) has seen remarkable growth in 2024, with a 40% increase in volumes recorded so far, and expectations to reach 50% by year’s end, according to the port’s Commercial and Marketing division.
“The port’s outstanding performance in 2024 highlights the expertise of the Hambantota International Port Group (HIPG) in networking, marketing, and operational management, along with HIP’s capacity to efficiently handle rising volumes,” said Lance Zuo, General Manager – Commercial and Marketing. “This success reflects not only the port’s operational effectiveness but also HIPG’s commitment to continuous development through enhanced efficiency and strategic investments in infrastructure and services. The leadership at HIP has played a crucial role in driving this achievement.”
Significant growth has been observed across Bulk/Break-bulk, Gas, Marine Services, and Container segments, solidifying Hambantota Port’s reputation as a key player in the maritime industry. With its strategic location and efficient services, the port is increasingly recognized as a preferred hub for transshipment and logistics.