Sri Lanka’s government to extend Colombo port city agreement
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Sri Lanka’s government to extend Colombo port city agreement
The agreement signed between the government and the relevant project company, CHEC Port City Colombo (Pvt) Ltd, on 16th of September 2014 expired on 15th of this month.
The proposal made by Arjuna Ranatunge, the minister of ports and shipping, to extend the above agreement for further 06 months from 15-09-2015, was approved by the Cabinet of Ministers.
The 1.4 billion US dollar Chinese Port City is to be constructed between the Southern edge of the new Colombo South Port and the Fort Lighthouse.
The total area of sea to be reclaimed is 252 hectares.
In a recent interview with LBO, the builders of Sri Lanka’s Chinese-funded port city project said discussions are still ongoing but in a positive direction.
The new regime suspended the project in March this year due to a pending investigation report.
- NKuma
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Join date : 2015-08-22
Re: Sri Lanka’s government to extend Colombo port city agreement
- kassTop contributor
- Posts : 470
Join date : 2014-02-27
Re: Sri Lanka’s government to extend Colombo port city agreement
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Sri Lanka’s government to extend Colombo port city agreement
පොර්ට් සිටි අරබන්නේ අද නැත්නම් හෙට
Anyway this is a positive news to the market. Government should continue the same economic model of MR and maintain MR benchmarks unbroken.
Since the same ministers are already there I have no doubt of same level of corruption. Yet to do corruption you need projects....
- Hawk Eye
- Posts : 428
Join date : 2014-03-11
Re: Sri Lanka’s government to extend Colombo port city agreement
Sunday Times
- yellow knifeTop contributor
- Posts : 6980
Join date : 2014-03-27
Re: Sri Lanka’s government to extend Colombo port city agreement
when we were moving into Sentosa Island over ships through cable cars we were wondering when SL will reclaim lands and develop projects on sea..
When we are about to see it happening in our life time there comes Indian RAW to destroy that..
Let it be a reality to see a much developed country within our life time..
- poor boyActive Member
- Posts : 766
Join date : 2014-10-09
Re: Sri Lanka’s government to extend Colombo port city agreement
- Hawk Eye
- Posts : 428
Join date : 2014-03-11
Re: Sri Lanka’s government to extend Colombo port city agreement
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