Chinese PM to discuss suspended project with the President

Chinese PM to discuss suspended project with the President

March 18, 2015   12:02 am

Chinese Prime Minister Li Keqiang is likely to have friendly discussions with President Maithripala Sirisena who is scheduled to visit China later this month and negotiations with respect to the suspended Colombo Port City Project (CPCP) will be a high priority topic, Ada Derana learns.

Chinese officials are also confident that constructions of the CPCP will be re-commenced soon as it is important to keep the momentum of the large number of Chinese investors up.

The officials say that they are deeply concerned about the suspension of the CPCP and the new Government’s decision would send negative signals among the Chinese investors who intend to invest in Sri Lankan soil.

In a bid to provide more opportunities to locals in the Chinese funded projects in Sri Lanka, the China’s National Development and Reform Commission (CNDRC) has plans to provide a six months training to local workers, it was also reported.   

The CNDRC asserted that investment policies of the Sri Lankan Government should be more consistent for the Chinese companies to reconsider when investing in Sri Lanka.

- Shehan Baranage reporting from China 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Foreign Minister Vijitha Herath defends govt's actions regarding latest UNHRC resolution (English)

Foreign Minister Vijitha Herath defends govt's actions regarding latest UNHRC resolution (English)

Legal action against those who spread misinformation about Easter attacks 'mastermind' - FM (English)

Derana actively contributed to raising public awareness about country's reality - Cardinal Ranjith (English)

Gammanpila summoned to Bribery Commission to record statement over his complaint on containers (English)

🔴LIVE | Ada Derana Prime Time News Bulletin | 2025.10.09

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

CEB seeks 6.8% electricity tariff increase: Opposition parties, unions call for reduction (English)

UN panel expresses concern over Sri Lanka's lack of progress in addressing enforced disappearances (English)