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Sri Lanka confirms China funded Colombo port project

The Sri Lankan government given approval for the Chinese funded funded Colombo Port City Project, reports ColomboPage.

Sri Lanka’s ambassador to China Karunasena Kodituwakku on Friday confirmed that the delayed Colombo Port City Project, had been approved.

The US $1.4 billion project was temporarily halted in March 2015 due to concerns on how the project was agreed on by the previous Rajapaksa regime.

Sri Lanka denies Chinese claim Sirisena promised resumption of 'Port City' (27 March 2015)

Sri Lanka reconsiders cancellation of Chinese Port City project (23 January 2015)

Sri Lankan president assured us projects under construction will continue says China (20 January 2015)