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HAMBANTOTA, (AP) - This battered harbour town on Sri Lanka's southern tip, with its scrawny men selling even scrawnier fish, seems an unlikely focus for an emerging international competition over ...
HAMBANTOTA, Sri Lanka -- This battered harbor town on Sri Lanka's southern tip, with its scrawny men selling even scrawnier fish, seems an unlikely focus for an emerging international competition ...
Opposition propaganda here is that the present Sri Lankan government is eager to give Trincomalee harbor to India to balance the grant of 80 per cent stake in Hambantota harbor to a Chinese state ...
Officials agreed to lease 80% of Hambantota harbor to state-controlled China Merchants Port Holdings for 99 years. Officials also plan to set up a 15,000-acre zone for factories. Sri Lanka’s ...
But experts say Hambantota harbor requires near-constant dredging, possibly interfering with sea life. The better choice, they say, would have been a site on the eastern edge of the island ...
By 2014, Hambantota was losing money. Realizing that they needed more experienced operators, the SLPA signed an agreement with China Harbor and China Merchants Group to have them jointly develop ...
COLOMBO — A deal to lease Sri Lanka's southern Hambantota harbor to a Chinese firm will have broad benefits, such as boosting foreign exchange reserves and relieving pressure on the rupee ...
Sri Lankan President Mahinda Rajapaksa on Sunday dedicated to the nation the first phase of the $1.5-billion Hambantota harbour being constructed with Chinese help. The harbour, which will begin ...
Under the deal, a copy of which was reviewed by The Wall Street Journal, China Merchants Port Holdings Co. would pay about $1.1 billion for its share of the port and adjoining land in Hambantota ...
President Maithripala Sirisena said yesterday that the government had not reached an agreement over the Hambantota Harbour and the Industrial Zone. He said the government would not reach an ...