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Sri Lanka Taps China for Port Project: Nikkei

China Harbour Engineering will develop the Eastern Container Terminal while local authorities would handle all operations


Sri Lanka
The China-built deep sea harbour port facilities at Hambantota, Sri Lanka, under construction. Photo: AFP

 

Sri Lanka will award a Chinese company a port project in Colombo, its largest city, that had previously been assigned to Japan and India before the partnership was scrapped this year, Nikkei Asia reported.

President Gotabaya Rajapaksa’s cabinet agreed on Tuesday to have state-run China Harbour Engineering develop the Eastern Container Terminal, while stipulating that local authorities would handle all operations.

Read the full report: Nikkei Asia

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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