COLOMBO, Aug. 15 (Xinhua) -- Sri Lanka's largest business community, the Ceylon Chamber of Commerce (CCC), on Tuesday expressed the appreciation for the steps taken to develop the Hambantota Port. In a statement, the CCC said the reported scale and size of the investment is expected to g...
Sri Lanka opens first phase of Chinese-funded port expansionShihar AneezRanga Sirilal
Sri Lanka Monday launched a China-funded port which will be the island's biggest and is intended to make Colombo a strategic shipping hub along the world's most lucrative trading route.
Vehicles transshipped from Sri Lanka's China-run Hambantota Port has grown 63 percent in the first four months of 2021 to 193,690 units from 118,872 units last year, driven by cars made in India and Korea.
He said since 2006, Sri Lanka had been engaged in a high level of debt from commercial to local and foreign debt to fund development programs. He added that the government decided to bring in large scale investments including the development of the Hambantota Port with China's assistance and ...
Sri Lanka has benefitted significantly from the Chinese investments in the development of the Colombo Port City and the Hambanthota Harbour. Once these flagship projects are fully functional, the financial and other benefits to the country would be extensive. Of course, there are criticisms of the...
Sri Lanka has become a thriving logistic hub in the South Asian region. With the strategic geographical location in close proximity to the emerging markets and the international shipping routes that link Asia to Europe, the country is perfectly positioned to develop its logistics sector. Further, ...
China-donated frigate arrives in Sri Lanka COLOMBO, July 8 (Xinhua) -- The China-gifted frigate "P625" arrived at Sri Lanka's Colombo Port on Monday morning. December 4, 2018 India Deploying Coastal Defense BrahMos Missile Systems As the Bay of Bengal is also known for its rough terrain...
Sri Lanka's President Asks China to Restructure Debt Repayments More Reuters Chinese Foreign Minister Wang Yi arrives with Sri Lanka's President Gotabaya Rajapaksa and Sri Lanka's Sports Minister Namal Rajapaksa during his visit to Colombo Port city project, in Colombo, Sri Lanka, ...
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