The Sri Lankan government has given clearance to resume the Chinese funded Colombo Port City project reports Colombo Page.
Speaking to Chinese press on Friday, Sri Lanka’s finance minister Ravi Karunanayake said,
“On our part, the government is happy with the environmental impact assessment (EIA) report for the project. It is now under public consultation.”
The Colombo Port project was temporarily suspended in March 2015 by the new government. I twas valued at a total of US $1.4 billion at the time.
China unhappy at Port City suspension order (08 March 2015)
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