Posted inSri Lanka

Heeding India worries, Sri Lanka revives port plan

Sri Lanka’s President Gotabaya Rajapaksa on Wednesday announced the revival of an Indian and Japanese investment project to develop a deep-sea terminal in Colombo harbour, next to a controversial $500-million Chinese-run container jetty. A tripartite deal by Sri Lanka’s previous government had been on hold amid trade union resistance, but Rajapaksa said the East Container […]