The Sri Lankan government has decided it will reconsider restarting the 'Port City' project, a Chinese-funded development.
Cabinet spokesperson Rajitha Senaratne said the government will consider an Environmental Impact Assessment report, before deciding whether to go ahead with the $1.5bn project.
The project was reviewed by the new government along with several others initiated by former president Mahinda Rajapaksa. Right after the election, the government announced it would cancel the project.
State-owned China Communications Construction Company Limited (CCCC) had defended the project, saying all procedures of the procurement regulations were followed before the deal was signed with the previous government.
Sri Lanka denies Chinese claim Sirisena promised resumption of 'Port City' (27 March 2015)
Chinese ‘Port City’ to continue (05 February 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)
Sri Lanka seeks IMF assistance to ease debt burden (20 Jan 2015)