The Colombo West International Terminal (CWIT) project in Sri Lanka, owned by Adani Ports and Special Economic Zone (APSEZ), did not receive the $553 million loan from the U.S. Development Finance Corporation due to the owner’s decision. Instead, the company will finance the project through its internal resources and capital management strategy. The decision was made public late on a Tuesday, with APSEZ stating that the project is progressing well and is expected to be commissioned by early next year.