Colombo International Container Terminals Ltd., (CICT) which is located in Port of Colombo is a joint venture Company between China Merchants Port Holdings Company Limited . A listed blue chip company in the Hong Kong stock exchange and the Sri Lanka Ports Authority (SLPA). Under a 35 year Build Operate and Transfer Agreement with SLPA, Colombo’s third container terminal with a 3 million teus capacity was constructed in the Port of Colombo, Sri Lanka, under the Colombo South Harbour expansion project. CMPH holds 85% of the partnership whilst the balance 15% is being held by SLPA.