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28 March, 2014 09:27 AM Source: Financial Times - Sri Lanka
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Sri Lanka Telecom (SLT), yesterday announced that it has been given the opportunity to build, operate and manage South Asia’s first state-of-the-art Submarine Cable Depot in Magampura Mahinda Rajapaksa Port (MMRP) at Hambantota.
As a token of the company’s appreciation and gratitude to President Mahinda Rajapaksa, for his guidance and support towards achieving this significant milestone for Sri Lanka, the company presented him with an appreciation plaque at Carlton House at Tangalle recently.
SLT will operate the cable depot in Sri Lanka as a joint venture with IOCPL (Indian Ocean Cableship Ltd.) which is a ship service provider for SEAIOCMA (South East Asia and Indian Ocean Cable Maintenance Agreement). This opportunity was realised as a result of a free port policy declaration and tax concessions offered by the GOSL for MMRP operations at Hambantota.
SEAIOCMA is the international consortium for maintaining the undersea cables.
The presentation ceremony was attended by several VIPs including Minister of Telecommunications and IT Ranjith Siyambalapitiya, Minister of Youth Affairs and Skills Development Dullas Alahapperuma and Member of Parliament Namal Rajapaksa. Representing SLT, Chairman Nimal Welgama, Director Jayantha Dharmadasa, Director Shameendra Rajapaksa and Group Chief Executive Officer Lalith De Silva as well as senior officials of SLT were also present at the occasion.

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