<p>Amid the ongoing political turmoil Sri Lanka on Thursday signed two deals with Chinese firms for development of the port city project, Reuters reports. </p>
<p>An official at Sri Lanka Ports Authority confirmed to Reuters that two contracts were signed worth over $50 million. </p>
<p>one of the contracts is with China Harbour Engineering Company for $32 million projecta t the Jaya Container Terminal, which is state run. The second contract is worth £25.7 million, for three cranes from JCT Shanghai Zhenhua Heavy Industries Co. Ltd. </p>
<p>Read more <a href="https://www.ndtv.com/world-news/sri-lanka-agrees-port-deals-with-china-…">here</a>. </p>
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