Unable to repay a huge loan taken from China in 2017 to build Hambantota port, Sri Lanka handed it over to the state-owned China Merchants Group for $1.12 billion on a 99-year lease. Sri Lanka ...
Several Chinese delegations have traveled to Sri Lanka in recent months and Chinese investments could spike, prompting alarmist reporting in the Indian media. China Merchant Port Holding Company ...
On February 27, 2025, Colombo West International Terminal (CWIT), Sri Lanka's first fully automated terminal developed with the participation of Shanghai Zhenhua Heavy Industries (ZPMC), officially ...
“The proposed Colombo West Terminal Two and Colombo North Port are expected to expedite the performance of Sri Lanka’s ports. Therefore, we will call for Expressions of Interest for these ...