Tag: Sri Lanka to ink JV with Chinese firm to develop southern port

Hambantota-port

Sri Lanka to ink JV with Chinese firm to develop southern port

Dec 07, 2016 (Reuters) – Sri Lanka will take part in a joint venture with China Merchants Port Holdings Company Limited to develop a port in its south, where China has also been offered an investment zone. The cabinet approved a plan under which Sri Lanka will lease 80 percent of the Hambantota port to […]