The Minister pointed out that the Hambantota Harbour should be transformed to level of profits earning as in the case of the Colombo Port.
Noting that the Colombo Port had a profit and loss account, the Minister said it was not so with the Hambantota Harbour. The Hambantota Harbour has so far been maintained under the Colombo Port’s profit and loss account. Accordingly, the loss of the Hambantota Harbour had been covered from the profits of the Colombo Port.
The Minister said it has a dire impact on the development of the Colombo Port. He was of the belief that many corruption and malpractices of the Ports Authority would come to light from the report of the proposed Committee.