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Funds from China boost roads, ports in Sri Lanka

By Zhong Nan ( China Daily ) Updated: 2014-09-17 07:07:01

Sri Lanka's hunger for infrastructure and new market growth points has attracted an increasing number of Chinese enterprises to invest money and resources over the past five years to gain a larger foothold in a rapidly developing market.

After the prolonged civil war ended in 2009, Sri Lanka has been keen to take advantage of its geographical location as a transportation hub in the Indian Ocean, and its political stability, quality labor force and scenic landscape.

Eager to restore the country's earning power, the Sri Lanka government has been taking an open attitude toward foreign investment in the infrastructure sector to build more roads, ports, dams, power stations and logistics warehouses to compete with other rivals in the region.

Funds from China boost roads, ports in Sri Lanka

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