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Sri Lanka to review Chinese investment projects approved by previous government

Sri Lanka ordered a review of 35 Chinese investment projects, which were approved by the previous government, on Friday.

A cabinet note, given to Reuters, said that the Sri Lankan government was to review a list of 35 investment projects which had been approved without competitive bidding on the grounds that they were critical for post-war development.

Sri Lanka’s cabinet spokesperson, Rajitha Senaratne said on Friday that all future investment projects would be awarded using a process of open tenders.

China to establish consulate in Chennai (01 April 2015)

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