Port City can resume tomorrow if Chinese firm agrees to leasehold - Ravi

Finance Minister Ravi Karunanayake says that the Sri Lankan government is prepared give the go-ahead for the Colombo Port City project to resume even tomorrow, if the Chinese company agrees to begin the US$1.4 billion project on a 99-year lease. MORE.

December 12, 2015  10:17 pm|

Chinese firm confirms suspension of Colombo Port City project

China Communications Construction Company Limited (CCCC), the ultimate investor in the Colombo Port City Project, says that it will fully cooperate with the Government of Sri Lanka and continue to adhere to the procedures and conditions stipulated in the agreement entered into with the government. MORE..

March 7, 2015  11:50 pm|