Global EditionASIA 中文双语Français
Opinion
Home / Opinion / Featured Contributors

A look back at China's infrastructure projects aiding Sri Lanka

By Sugath Ratnayake | chinadaily.com.cn | Updated: 2021-02-09 13:44
Share
Share - WeChat

Feb 7 marks the 64th anniversary of the establishment of diplomatic relations between China and Sri Lanka.

History has shown that the two countries have had a close friendship even before the official establishment of diplomatic relations. The two countries have developed extensive economic, political, religious, cultural and social ties. So far Sri Lanka has implemented a number of infrastructure development projects with the assistance of China in conjunction with the Belt and Road Initiative adopted by the Chineese government.

A view of Port City Colombo in Sri Lanka [Photo/sasac.gov.cn]


The Colombo International Financial City (CIFC) is a major Chinese investment project in Sri Lanka. The city will be built on 269 hectares of land near the Galle Face Green in Colombo. This is the first time in Sri Lanka that a port city has been built by filling the sea. The Port City Project plan has been submitted by China Communications Construction Limited and its construction is being carried out by China Harbor Engineering Company. The project will be implemented by the Sri Lanka Ports Authority and the Board of Investment of Sri Lanka will provide tax relief for the investment. The Colombo Port City is under construction in two phases. The first phase is expected to be completed in 2024.

1 2 3 Next   >>|
Most Viewed in 24 Hours
China Views
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US