Blog My account Search



Dato’ Ts Abd Radzak Abd Malek of Malaysia to be CILT International President in 2020

The Chartered Institute of Logistics and Transport is pleased to announce Dato’ Ts Abd Radzak Abd Malek FCILT as International President Elect. Radzak will assume the Presidency in January 2020.

As International President, Radzak intends to focus on several key areas, including Young Professionals (YP), Women in Logistics and Transport (WiLAT), Regional Structures and Industrial Revolution 4.0 in Logistics and Supply Chain.

Continuing the excellent work done by current International President Kevin Byrne, Radzak is determined to keep Young Professionals at the heart of the CILT International agenda. In addition to awareness and outreach programmes intended to increase the profile of talented Young Professionals, and a policy to ensure all branches have YP facing structures, Radzak will integrate our YP network with our Career Development tools, allowing tomorrow’s leaders to anchor the journey from Member to Chartered Member and beyond.

As a strong supporter of women in the workplace, Radzak will also focus on assisting the creation of WiLAT chapters in all CILT branches. In countries where there is no CILT presence, neighbouring branches will be encouraged to support WiLAT oriented activities, with the long-term view of establishing a full CILT and WiLAT presence.

Furthermore, Radzak is keen to see growth in the number of WiLAT members. In addition to a number of outreach and awareness campaigns, he will put the support of the International Presidency behind a Members-Get-Members recruitment drive, to ensure we are reaching out to and representing all women working in our industry, at all levels and in all countries.

In the spirit of Stronger Together, Radzak will seek to widen CILT activities in all countries with established CILT offices, and strengthen CILT in other affiliated member countries. He will also seek to strengthen our Regional Forums to encourage better understanding of the cultures, opportunities and challenges of different countries.

Speaking about the appointment, Dr Dorothy Chan, former CILT International President backed Radzak to succeed. ‘I give my full support to Dato’ Radzak’s appointment as CILT International President. He has been a strong leader for CILT Malaysia, which is growing fast, and through his commitment and vision will, I am sure, lead CILT to even greater things. He is a strong supporter of the interests of Young Professionals, and under his Presidency CILT Malaysia was among the first to form a WiLAT Chapter. Since then he has given unwavering support to WiLAT activities, which fully demonstrates his commitment to equality in our industry. He is a respected member of CILT and a good friend of mine.’

The Minister of Higher Education in Malaysia, YB Dato’ Seri Idris Jusoh, commended Radzak’s vision, saying that ‘(his) exemplary leadership has certainly benefitted many in the education community, in line with the Ministry’s Soaring Upward mission. I strongly believe (Radzak) will provide strong leadership to CILT International to further the cause of the Institute, not only in Malaysia but more importantly to other regions worldwide.’

Voicing his support for the announcement, YB Dato Aziz Kaprawi, the Deputy Minister of Transport in Malaysia, pointed to Radzak’s great contributions to the Logistics and Transport industry, and in Malaysia in particular, saying ‘We trust that the Institute has made the right and excellent choice based on (Radzak’s) knowledge, expertise and experience. We were indeed proud to work with (him) and CILT Malaysia, with (his) significant contributions to the Ministry of Transport Malaysia’.

These sentiments were further echoed by YB. Dato’ IR. Hj. Nawawi Bin Hj. Ahmad, Chairman of KTMB, who said ‘Everyone wants success…(Radzak) knows that hard work and great dedication is the way to go.’  Whilst in a letter of support, Mr. Voravuth Mala of the State Railway of Thailand recognized Radzak’s long service to the industry and pointed to a prosperous future for CILT with Radzak at the helm. ‘I am looking forward to working closely with (Radzak) and strengthening the co-operation between our organisations.’

A member of CILT for 17 years, Radzak joined in 2001, rising to become President of CILT Malaysia in 2004, a role he continued until stepping down in 2008. In 2010, Radzak was re-elected President of CILT Malaysia, and in 2012 was appointed International Vice-President for the South East Asia region.

Born in Kampong Gunung Mesah Hilir, Gopeng, a village in Perak state, Radzak started his 37-year career in logistics in 1972 as a Railway Station Master with Keretapi Tanah Melayu Berhad (KTMB), the Malaysian national rail carrier. After obtaining a BA (Hones) from the Malaysian Science University (USM), Radzak continued his journey with KTMB, culminating in his appointment as Managing Director in 2007.

In addition to his professional work, Radzak currently holds positions on several boards including the Board of Advisors to the Malaysia Institute of Transport, the Board of Industry Advisory Council of University Kuala Lumpur, the Board of the Malaysian Professional Centre, as well as his role as President of the Malaysian Services Providers Confederation. He was made Dato’ Paduka Mahkota Perak by the Ruler of Perak in 2009.

Comments are closed.

Logistics and Transport National Excellence Awards and Scholarships – 2018

“Win the prestigious CILT Sri Lanka Pinnacle Award – 2018 and six Logistics and Transport National Excellence Awards – 2018”

Dr. Lalith Edirisinghe


Awards and Scholarships Subcommittee – CILT Sri Lanka

Logistics and Transport National Excellence Awards – 2018

The official Awards ceremony of the Chartered Institute of Logistics and Transport Sri Lanka (CILT SL) organized with the intention of recognizing individuals and corporates, those who have immensely contributed to the development of the Logistics and Transport industry will be hosted in July 2018. CILT SL strongly believes that this kind of recognition would not only provide individual recognition but would also immensely contribute to the development of the Logistics and Transport industry. Therefore, expects lively participation from the industry with this endeavor.

The individual category awards only one Award annually, titled CILT Sri Lanka Pinnacle Award – 2018, a lifetime Award that recognizes the most outstanding person of the year in the Logistics and Transport industry. CILT SL wishes to recognize contributions made by corporate organizations through corporate category Awards, titled Logistics and Transport National Excellence Awards – 2018. Six Awards will be awarded under three scales namely, large, medium and small. An independent panel of judges who have no conflicting interest with CILT SL or respective applicants will exercise selection of winners. The key factors contributing to excellence in the Logistics and Transport industry will be considered as the essential criteria when selecting winners. No processing fee will be applicable for corporate category Awards applications if the organization has the minimum number, as specified by the Awards and Scholarships subcommittee of CILT members (FCILT or CMILT) with a valid membership working in the organization at the time of submitting the application. The first ever CILT Sri Lanka Pinnacle Award will be awarded to the most outstanding person of the year in the Logistics and Transport industry. Essentially the individual should be a CILT Member (FCILT or CMILT) with a valid membership at the time of submitting the application.

Logistics and Transport Scholarships – 2018

CILT SL believes that capacity building would go a long way in developing and augmenting the performance of the Logistics and Transport industry, particularly considering the deteriorating LPI (Logistics Performance Index) ranking of the country published by the World Bank. Accordingly CILT SL invites individuals and corporate organizations to join hands in awarding Scholarships for Logistics and Transport education. The prime objective of this endeavor is to facilitate future logisticians with required competencies.

Individuals and corporate organizations who wish to award Scholarships for Sri Lankan students to follow educational programs in Logistics and Transport may select the program/s they wish to sponsor as recommended by CILT SL. The Scholarship/s will be branded under the donor’s name signifying their commitment towards this endeavor. The donors will be invited to award the Scholarships at the official ceremony which will be hosted in July 2018.

The applications and application procedure will be available in due course on the CILT SL website

Inquires – CILT SL Secretariat 11 565 7357 /


Comments are closed.


Women in Logistics and Transport (WiLAT) Sri Lanka celebrated the fourth anniversary of its flagship Mentoring Program on the 16th of November at The Kingsbury Hotel, Colombo. “Ignite” is a planned Mentoring Program where both Mentors and Mentees are selected after a careful evaluation. This year 11 Mentors from the Logistics, Transport and Supply Chain industry, in both the corporate and academic fields pledged their support to mentor the 25 young undergraduates who were inducted to the Mentoring Program 2017.

Mrs. Gayani De Alwis, the Advisor and Co-Founder of WiLAT Sri Lanka and the Vice Chairperson of CILT Sri Lanka, in her welcome addressed and enlightened the audience on the objective of the Mentoring Program, “Ignite”. She stated, “Ignite was launched with the initiative of developing and supporting young professionals and undergraduates to harness their talents by providing learning and development opportunities.”

Major General Channa Goonetilleke, Vice President CS & HRM at Lanka Century Investments PLC was the Chief Guest for the event and Major General Channa spoke of how important mentoring can be and related his military experience in how they have coached and mentored military personnel in all stages of their lives.

The Keynote Speaker for the event was Mr. Samitha Perera, Director/CEO, CBL Foods International Pvt Limited. Samitha emphasized on the supply chain industry and how mentoring becomes a key ingredient in connecting everyone together. His speech was followed by a very impactful video on the relationship of a mentor and mentee and how a mentor could support his/her mentee to reach greater heights.

The keynote speech was followed by a panel discussion and a Q&A session moderated by Mrs. Gayani De Alwis and this was an interactive session, which gave audience an insight into the essence of mentoring and how to carry out an effective professional mentor-mentee relationship and make use of the valuable experiences and skills of one’s own mentor.

The audience was then entertained to a Bharatha dance performance. All Mentors and Mentees were then invited to light the official “Ignite” oil lamp to join hands to pledge their commitment towards this initiative. “Ignite” has received Global recognition since the launch in 2014 and this year at the CILT International Convention held in Macau, WiLAT Sri Lanka’s beautifully conceptualized “Ignite” Mentoring Program won the poster competition at the Global Convention. To conclude the day’s proceedings Miss. Shakkya Perera from Ocean University, who was the scholarship winner at “Ignite” 2016 shared her mentoring experience and her International exposure at the CILT Global Convention held in Macau in June 2017.

“Ignite” has been providing countless opportunities to young undergraduates and professionals and WiLAT urges all Mentees inducted this year to reap from the opportunities they behold. WiLAT Sri Lanka is the women’s body of the Chartered Institute of Logistics and Transport (CILT) Sri Lanka and is growing from strength to strength ever since its formation in 2013.

Mrs. Gayani De Alwis delivering the welcome address

Major General Channa Goonetilleke addressing the gathering

Mr. Samitha Perera delivering the keynote address

Panel discussion in action

Mrs. Niroza Gazzali Vice Chairperson WiLAT Sri Lanka and “Ignite” Project Chair delivering the vote of thanks

Comments are closed.

L.S. De Silva Memorial Lecture

The Chartered Institute of Logistics & Transport (CILT) Sri Lanka organized L.S. De Silva Memorial Lecture 2017 was held on 24th of November at 5:30 p.m. at The Institution of Engineers Sri Lanka, Wijerama Mawatha, Colombo 7. In the welcome speech Ms. Gayani de Alwis, Vice Chairperson of CILTSL highlighted the yeoman service that late Mr. L.S. De Silva has rendered not only for the Railway sector but also as the Founding Chairman of CILTSL, and then known as Chartered Institute of Transport (CIT) from 1984 to 1987.  The late Mr. L.S. De Siva’s daughter garlanded his photo prior to the commencement of the lecture. The memorial lecture was titled “Can Sri Lanka’s railway sector gear up to serve the future?” and delivered by Dr. Prianka Seneviratne – Managing Director of C&S Dev Co. Below is an extract from his lecture.


Few will disagree that Sri Lanka Railways (SLR) has enormous potential to contribute more to “developing and uniting the country” today than when the Railway Ordinance in 1902 formalized the Ceylon Railways for that very reason. Railways must continue to be an integral part of the country’s transportation system and a key player in Colombo’s urban transportation market.

SLR has an ambitious vision- “to be the most sought-after land transport provider in Sri Lanka, providing unsurpassed value to our stakeholders”-and a challenging mission- “to provide safe, reliable and punctual rail transport service for both passenger and freight traffic, economically and efficiently”. It has an on-going investment program financed from bilateral loans from India and China. Asian Development Bank is preparing a project for possible financing in 2018. Leading local transport experts and SLR are calling for more investment. Some believe that the way forward is for SLR to “think big, modernize operational assets and institutions, and train and increase staff salaries”.

This author believes that investments must be immediate, and in measures to improve SLR’s cash flow and service performance by 2023. That means: (i) developing the workforce and instilling a commercial outlook in the organization; (ii) adding rolling stock and improving infrastructure to increase service frequencies, capacity, and reliability; (iii) marketing aggressively for new and more freight traffic by offering enhanced end-to-end solutions; (iv) revamping the physical asset repair and maintenance program; and (v) technologizing all operations to improve customer service, and asset and financial management. Instead of depending solely on treasury allocations, SLR must finance part of these measures by enhancing revenues through: (i) adjusting fares and tariffs to better reflect costs and improved services; (ii) leasing more real estate and advertising space at market prices, and (iii) partnering with the private sector to provide freight and ancillary services such as catering, courier, and real estate management. The feasibility of this approach is demonstrated below using a Strengths Weaknesses, Opportunities, and Threats (SWOT) analysis of SLR.


SLR still has many strengths. It is a globally known brand name with a loyal customer base—many local riders are 20+ year veteran rail-users. The five-year average annual passenger traffic growth since 2011 was 7% despite the low service quality. Its 1300-km network connects every major city in the north, south, east and west of the country, which is vital for rapid deployment of emergency relief and security forces. Intercity and urban travel times by rail are substantially lower than by road. For example, according to the current schedule, a rail trip from Mount Lavinia Railway Station to Colombo Fort Railway Station at 0700 hours will take about 30 minutes whereas the same trip by car will take up to 50 min. SLR owns extensive real estate nationwide-about 13,000 acres of land (Lanka Business Online (LBO), 5 June 2017), 160 main stations and other structures that have enormous development potential, and more than 1000 wagons and carriages that have unused advertising space.

SLR’s weaknesses stem mainly from lack of timely investment in fleet replacement, technology, and workforce development in the past. According to the Urban Transport Master Plan (2014), all locomotives, except the diesel multiple units are older than 10 years. SLR says most of its infrastructure is archaic. These cause frequent breakdowns (mean time between engine failures in 2015 was 17 hours), derailments, accidents, and speed restrictions. Low on-time performance (35% in 2015), long delays, and accidents have become routine. Scheduled headways of the commuter services are high, even during the peaks. For example, the average scheduled headway from Gampaha to Maradana between 0530 and 0730 on weekdays is more than 12 minutes. If the typical train configuration is six 80-seat carriages, each train can carry 480 passengers. However, the average riders per train in 2014 was 616, which explains the riders hanging on the doors during the peak. Colombo Page, the Internet Newspaper of 20 October 2017, reported that there were 436 rail-related accident in 2016 resulting in 180 deaths. Another 76 people were reportedly killed by falling off trains.

Table 1 below shows that all, but one, of its key performance indicators are even lower than of Indian Railways’, which are not the best benchmarks. Poor cash flow is the root cause of SLR’s operational problems. Its revenue growth is lower than the rise in expenditure as evident from Figure 1. The average annual deficit from 2007-2016 Rs. 5.5 billion. SLR’s public service obligation to offer low fares and tariffs is unsustainable and unnecessary in the current economy. The institution lacks a workforce development program-particularly for knowledge retention and succession-and a commercial mind-set to accomplish its mission. Low use of technology in all aspects of operation is keeping the costs high, and efficiency and transparency low.

Table 1: Key Performance Indicators

Figure 1: Revenue and Expenditure Trends

There are tremendous opportunities for SLR to turn its losses into profits, and be the player in the transport sector that it can and must be. Many of its weaknesses in fact are opportunities. For instance, the individual and corporate earnings, jobs, and trade will undoubtedly rise as the economy grows at over 5% up 2020. With this will be a rise in passenger and freight demand, and the willingness to pay for more and better services. SLR can serve a larger portion of the existing and generated demand by quickly expanding capacity with targeted investments and spreading the peak. Freight traffic demand, which has been declining at 7% in the last 10 years, can be increased by attracting other traffic types. Tea producers are particularly keen to use SLR to bring their produce from the hill country to Colombo as was historically done. The opportunities to better utilize its real estate are also massive. According to LBO, only 15% of its 13,000 acres was leased for commercial use, and only 28% of the 6400 lessees were paying their rent on time. The rest of the lessees owed SLR Rs. 1.5 billion, which could have reduced its deficit by nearly 23% in 2016. Additionally, there is vast scope for using technology for improving customer service, operations management, and workforce development. Online ticketing, technology-based inventory control, real estate management, auditing and accounting will not only increase productivity, but also customer convenience and governance. More rail traffic also means less emissions, energy consumption, and need for road investment.

SLR must be mindful of the external-, internal-, and environmental-threats. The privately-owned freight transport services are employing technology and benefitting from better roads to reduce costs and improve service quality. Although the import duty on buses have risen, the operators are offering higher frequency and reliable services to retain and lure more riders. These two trends can cause SLR to lose its already small market share, and even the loyal riders, unless it can improve delivery. Encroachments and illegal use of railway properties and right-of-way are increasing according to SLR. This could threaten the capacity expansion and modernization plans. The main environmental threat is rain. Services are routinely interrupted by floods and landslides because SLR has no early warning systems and emergency management and financing plans in place.

What are other nations thinking and doing?

Operators around the world, both public and private, are seeking to maximize and capitalize on the advantages railways offer. Indian Prime Minister Narendra Modi wants to see railways as the backbone of economic development. Indian Railways, in its Business Plan 2017-2018, has identified key improvement strategies for freight and passenger services, and non-fare revenue sources. Among them are: rationalizing freight tariffs and improving asset utilization through IT solutions; paperless ticketing and improved travel comfort; and generating additional revenue from courier services and advertising. India already has a 10% passenger market share and more than 30% of the freight market, and its operating ratio in 2015 was 91%. IR’s capital expenditure is financed from public and market borrowings.

British Government thinks that rail investment in this generation is vital for the next, and its treasury has approved £48billion for investment in the five years starting in 2019. It plans to digitize the railways with innovations such as biometric ticketing and provide more trains, greater reliability, and better connections. It is investing despite having a modern system with below EU-average running cost, the most satisfied customers in the EU, an overall passenger market share of 10%, and a 12% share of the freight market. UK government’s subsidy for public service obligations is negative, meaning that the rail companies are paying back the tax payers. The investment objective is to “increase reliability and punctuality for the benefit of passengers, communities, the supply chain and the wider economy”.

What is SLR doing?

SLR has started investing in some key performance improvement measures. According to media reports, India has extended a line of credit of more than $1.3 billion, of which $318 million will be used to procure “six power sets with air-conditioned carriages, 10 engines, 160 carriages, 30 wagons with oil tanks and 20 container carrying wagons”. Asian Development Bank is financing an electronic ticketing system. Additionally, the Bank has lent $1 million to prepare a $600-million investment proposal to: (i) upgrade and modernize 64 km of infrastructure; (ii) commission new trains; and (iii) strengthen project implementation capacity. China has lent the government nearly $280 million for the 27-km first leg of the new 115-km Matara-Kataragama line, and pledged $363 million for the 48-km second leg. Will these investments improve SLR’s 200%+ annual operating ratio and its key performance indicators?


Even with the on-going infrastructure and rolling stock investments, the speaker believes that SLR must make immediate parallel investments in the measures mentioned at the outset to sustain the gains from the on-going projects. To recap, investment is needed in:

(i) Workforce development;

(ii) Freight market share expansion;

(iii) Asset maintenance capacity development; and

(iv) Digitization-particularly making management and service delivery more smart-device based for remote and real-time communication


Simultaneously, SLR must lower its debt, improve governance, and provide end-to-end services by:

(i) increasing internal revenue by revising fares and tariffs, developing real estate development, and advertising, at the least;

(ii) integrating with road public transport by synchronizing schedules and payment modes using technology to provide seamless and paperless travel;

(iii) partnering with the private sector and academia to develop freight services, courier services, and information technology;

(iv) increasing emergency preparedness; and

(v) Assuring the government and its partners of annual KPI improvements

These measures do not undermine the propositions in the 2014 Urban Transport Master Plan, which include six rail investment projects valued at more than $2 billion–mostly for track renewal, signaling, fleet enhancement, and electrification, but without an O&M funding strategy. Nor do they contradict the experts proposing “big thinking, electrification, and developing the railways instead of the Central Expressway”, and myriad other big-ticket items. They are measures that can be implemented in a short time and derive significant benefits to travelers while reducing the burden on government coffers. There is no doubt that the projects financed from bilateral and multilateral loans, and the private financing are necessary. However, these projects will take longer to deliver benefits because of their scope and scale, particularly the land acquisition and resettlement requirements. The proposed investments, on the other hand, will prevent further deterioration of services, improve cash flow, and deliver a workforce and instill a commercial outlook in SLR to derive the maximum benefits from future investments.

The Chartered Institute of Logistics and Transport (CILT) is a leading global professional body associated with the logistics and transport industry. The Institute holds unparalleled international recognition and works towards achieving its objectives of promoting and encouraging the art and science of logistics and transport through its membership and its educational qualifications. With a global membership of over 33,000 from 32 countries across the globe, CILT provides a professional identity to those in the ever expanding logistics and transport sector. It is a strong, active and a unified professional association that is able to speak with authority on strategic issues affecting businesses and people in the industry and support their careers.

Dr. Prianka Seneviratne delivering the lecture

Q & A session moderated by Mr. Ibrahim Saleem Council Member CILT Sri Lanka

Section of the audience

Late Mr. L.S. De Siva’s daughter garlanding his photo

Comments are closed.


The Chartered Institute of Logistics and Transport Sri Lanka (CILT Sri Lanka) proudly announced the launch of “CILT SRI LANKA LOGISTICS EXCELENCE AWARDS & SCHOLARSHIPS 2018” at the recently concluded CILT International Conference, held at The Kingsbury, on the 3rd of October.

The Logistics and Transport industry is a vital component of the Sri Lankan economy and, as the leading professional association for the industry, CILT Sri Lanka wishes to recognise and celebrate the exceptional contributions that organisations and individuals have made to take the industry to new heights and enhance the contributions to the national economy.

Furthermore, as an effort to advance the knowledge and expertise of new entrants and youth in the industry, and contribute to their overall capacity enrichment, CILT Sri Lanka plans to award scholarships to students to support them to be the future leaders of the industry.

“CILT Sri Lanka believes that industry recognition and capacity building would go a long way in developing the industry and augmenting the performance of the Logistics and Transportation sector”, commented Dr. Lalith Edirisinghe, CILT Council Member and Chairman of the Awards and Scholarships Committee.

Dr. Lalith Edirisinghe, Council Member of CILT Sri Lanka and Chairman of the Awards and Scholarships Committee making the announcement

The CILT Sri Lanka Logistics Excellence Awards candidates are to be considered under two categories, namely Individual and Corporate. The Award for the individual category would be a “Lifetime Achievement Award” bestowed on an individual who has an outstanding track record in the Transport and Logistics Industry. Similarly, there will be three Awards under the corporate category to recognise the most outstanding organizations in the Transport and Logistics Industry. The three corporate awards will represent large, medium, and small categories.

Logistics and Transport education would be the key to capacity building efforts.  Therefore, CILT Sri Lanka wishes to offer academic scholarships. Under the Scholarship program, CILT Sri Lanka declared that a variety of scholarships will be offered for study courses in Logistics and Transport at Diploma, Undergraduate, and Postgraduate degree levels.

The final selection process will be carried out by an independent panel of judges.

Interested candidates can obtain applications from the CILT Sri Lanka Secretariat. For more information on the application procedure, selection criteria, and other details please contact the Secretariat on 0115657357 from December 2017 onwards. This information would be made available through the CILT Sri Lanka website and public media as well.

Comments are closed.

Belt & Road Expert shares valuable insights at CILT Logistics Leaders’ Evening

The Chartered Institute of Logistics & Transport (CILT) Sri Lanka Logistics Leaders’ Evening was held on the 2nd of August with a lecture titled “China’s Belt & Road Initiative – A realization of an Aspiration”” by Professor Paul Tae-Woo LEE at the National Chamber of Commerce of Sri Lanka Auditorium to a full house.

Professor Paul Tae-Woo LEE is a Professor at the School of Business IT & Logistics and Leader of the One Belt One Road (OBOR) Research Lab in RMIT University Melbourne Australia. The presentation showcased a detailed explanation of the Belt & Road Initiative (BRI) – the depth & extensiveness of which is still little understood. Professor LEE did mention that there are still no detailed studies on the impact of BRI, and currently only a shallow understanding prevails.

The key elements of the BRI included a fascinating network of infrastructure & city clusters aiming to restructure China’s economic model and transportation network, as we currently know it. He also briefly touched on some of the various corridors such as the China-Pakistan Economic Corridor, Greater Mekong Sub Region and China-Russia Corridor, all of which entail tremendous investments to set up physical infrastructure and modernizing trading networks.

The BRI has kicked off in Sri Lanka with two strong projects in the Colombo International Financial City and the Hambantota Port. Certain areas that were mentioned where Sri Lanka would have to expand on would be how to set up progressive port policies for its future and there were several examples in the region like Singapore that could be used to benchmark. Interestingly, the BRI is looking to transform the economies of countries that it has targeted whilst providing job opportunities and uplifting living standards.

Forbes magazine recently quoted “The allure of Hambantota to China is its location: right smack in the middle of the energy supply lines between the Middle East and East Asia; a logically positioned node in Xi Jinping’s signature 21st Century Maritime Silk Road — an emerging network of new and enhanced seaports stretching from the coast of China to Africa, Europe, and beyond. Like so, Hambantota has interests to China that extend far beyond the economic capacity of the port itself, as it is a key building block of the country’s long-term foreign policy vision — which seems to make all the problems that have arose during its initial stages of development worth it”.

CILT continues with its annual International Conference, which will be held on the 03rd of October that will showcase several such internationally renowned speakers on several key topics it its endeavor to educate the key stakeholders in the shipping, logistics and transportation industry.

CILT Secretariat

0777 579 798

Comments are closed.