Chinese Funded 'Port City' Officially Declared As Part Of Colombo

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Chinese Funded 'Port City' Officially Declared As Part Of Colombo

Sri Lankan prime minister Mahinda Rajapaksa, Chinese Ambassador to Sri Lanka Cheng Xueyuan and attendees look at a proposed construction model of 'Port City' during an event to officially declare the 269 hectares of land reclaimed from the sea for the project as part of the capital Colombo district at Port City, Colombo, Sri Lanka. Saturday 7 December 2019. Funded and constructed by China, the Colombo Port City is Sri Lanka's largest Foreign Direct Investment project and is expected to attract billions of U.S. dollars of investments in the coming years. Construction of the US$ 1.5 billion Colombo Port City project was launched on September 17, 2014 in the presence of Sri-Lankan former President Mahinda Rajapaksa and Chinese President Xi Jinping. (Photo by Tharaka Basnayaka/NurPhoto)


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