Adani Ports withdraws US funding request for Sri Lanka project

The Adani Ports and Special Economic Zone Limited said on Tuesday that it will use its own resources to finance a port project in Sri Lanka’s Colombo and not seek funding from the United States States States International Development Finance Corporation.

The finance corporation is a United States agency that invests in development projects mainly in lower and middle-income countries.

Adani Ports and Special Economic Zone Limited is part of the Adani Group led by industrialist Gautam Adani.