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About 5 results for "mahinda samarasinghe"

Exclusive: Sri Lanka's cabinet 'clears port deal' with China firm after concerns addressed
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Sri Lanka, China sign deal to develop Hambantota Port

After 10 years of negotiations, China Merchants Port Holdings has signed a 1.12 billion dollar agreement with the Sri Lanka Ports Authority to develop the Hambantota Port in southern Sri Lanka.Minister of Ports and Shipping Mahinda Samarasinghe says the ... Business Standard, 3 weeks ago

1 images for "mahinda samarasinghe"

First Post.com, 3 weeks ago

Lanka, China sign USD 1.1 bn Hambantota port deal

Sri Lanka today signed a USD 1.1 billion deal to sell a 70-per cent stake of the strategic Hambantota port to China, amid concerns over the massive debt the island nation incurred in building the port. The deal had been delayed by several months over concerns that the deep-sea port could be used by the Chinese navy. Cash-rich China has invested millions of dollars in Sri Lanka's infrastructure since the end of a brutal civil war in 2009. As part of the deal, the stake in the loss-making port ...
 Rediff.com3 weeks ago
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