Lankan Ranger
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China gets Trincomalee port? 3rd port in Sri Lanka
US $260 million dollar circular highway around Sri Lanka's Northeastern port of Trincomalee will be built by a Chinese contractor with financing from the Industrial and Commercial Bank of China.
Information minister Keheliya Rambukwelle said the cabinet of ministers had awarded the building contract to Hunan Road & Bridge Company following the recommendation by a negotiation committee.
The 47 kilometre highway will connect Nilaveli, Thampalakkam and Sampur areas and will help a flour mill, cement plan, oil tanks.
Sri Lanka is also planning an industrial zone in Trincomalee and an expressway to connect the capital Colombo.
http://www.lankabusinessonline.com/news/sri-lanka-port-city-us$260mn-road-deal-to-china/1476890222
Main Ports in Sri Lanka
Colombo port - China Merchants Holdings
Hambantota Port - China Harbour Engineering
Trincomalee Port – Hunan Engineering ??
Looks like another $1 Billion deal to expand the Trincomalee port expected between
China & Sri Lanka.
US $260 million dollar circular highway around Sri Lanka's Northeastern port of Trincomalee will be built by a Chinese contractor with financing from the Industrial and Commercial Bank of China.
Information minister Keheliya Rambukwelle said the cabinet of ministers had awarded the building contract to Hunan Road & Bridge Company following the recommendation by a negotiation committee.
The 47 kilometre highway will connect Nilaveli, Thampalakkam and Sampur areas and will help a flour mill, cement plan, oil tanks.
Sri Lanka is also planning an industrial zone in Trincomalee and an expressway to connect the capital Colombo.
http://www.lankabusinessonline.com/news/sri-lanka-port-city-us$260mn-road-deal-to-china/1476890222
Main Ports in Sri Lanka
Colombo port - China Merchants Holdings
Hambantota Port - China Harbour Engineering
Trincomalee Port – Hunan Engineering ??
Looks like another $1 Billion deal to expand the Trincomalee port expected between
China & Sri Lanka.