A United States-based company has been selected to build a $50 million project to lay a 5.8 km pipeline from the Colombo Port to the Kolonnawa fuel storage facility to expedite unloading of fuel from ships, the Sunday Times reports.
Ceylon Petroleum Storage Terminal Ltd (SPSTL) Chairman MRW de Soysa said although the main contract would be carried out by the US company, the civil engineering sub contract would be handled by the Sri Lanka Army.
Chairman de Soysa is a retired Major General.
The proposal would be submitted to the Cabinet soon, the paper reports.