• Tag results for Hambantota_port

Sri Lanka minister criticised for opposing Hambantota port project with China

Sri Lanka's Justice Minister Wijeyadasa Rajapakshe is facing the wrath of the Cabinet members after he opposed a recently signed deal with China on the strategic Hambantota port.

published on : 12th August 2017

Sri Lanka, China sign USD 1.1 billion Hambantota port deal

The deal had been delayed by several months over concerns that the deep-sea port could be used by the Chinese navy.

published on : 29th July 2017

Sri Lanka scales back Hambantota port deal with China

Sri Lanka's Cabinet today approved the sale to a Chinese firm of a 70 per cent stake in the strategically-located Hambantota port, tweaking the deal after the initial agreement sparked protests.

published on : 26th July 2017

Colombo’s pro-West tilt brings Chinese Defence Minister post haste to Sri Lanka

Concerned about Sri Lanka’s lurch towards the US and the West, China is sending its Defence Minister Gen.Chang Wanquan to Colombo for a there-day trip beginning on Sunday.

published on : 19th March 2017

Sri Lanka proposes to cut Chinese stake in Hambantota port from 80 to 60 per cent

The proposal comes in the wake of the Ports Minister Arjuna Ranatunga campaigning against the existing agreement on the port.

published on : 18th March 2017

China 'Silk Road' project in Sri Lanka delayed as Beijing toughens stance

Heavily indebted Sri Lanka needs the money, but payment for China's interests in Hambantota port could be delayed by several weeks or months

published on : 16th February 2017

Chinese military will not be permitted at Hambantota port

Ironically Rajapaksa who procured about USD 7 billion for Hambantota and other projects opposed the handing over of the port and land to Chinese.

published on : 4th February 2017

Sri Lankan President denies agreement with Chinese company on Hambantota port

The head of Sri Lanka Podujana Peramuna says the Hambantota port affair shows that there is complete confusion in the government.

published on : 6th January 2017

Sri Lanka re-negotiating Hambantota port deal with China

The cabinet has appointed a committee to discuss the matter with the China Merchants Ports Holding Company.

published on : 5th January 2017

Sirisena to push for amendments in Sino-Lankan pact on Hambantota port

President Sirisena is likely to ask the Chinese to bring down their equity in the Hambantota Sino-Lankan JV from the present 80 percent to a more politically acceptable level, sources said.

published on : 1st January 2017

Japanese vessel detention makes shipping lines avoid Hambantota port

The port, constructed by former President Mahinda Rajapaksa with a Chinese loan of US$ 1.4 billion, has been without business so far because it has no worthwhile hinterland.

published on : 13th December 2016

China gains near full control of Hambantota port in South Sri Lanka

The Framework Agreement provides for the setting up of a JV company between CMPort and the Sri Lanka Ports Authority.

published on : 11th December 2016