Thursday 21 January 2016

Will go ahead with Port City project: Ranil

The government has decided to go ahead with several Chinese funded infrastructural projects, including the Port City Project, Prime Minister Ranil Wickremesinghe told foreign journalists in Davos today.

 “We are going ahead with Chinese funded projects, including the Port City and the next phase of the Hambantota Port. China is an economic power in Asia and is ready to work on some development projects in Sri Lanka,” he said. 

He said Sri Lanka would like China to invest in other sectors, including real estate, and also play a role in developing Sri Lanka as a logistics hub.

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(Source: Daily Mirror)

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