Port City Colombo - Sri Lanka. Thank you China.

[Uguduwa]

Great work. Clearly on the way to become a top port in Indian Ocean!

I think already is

Colombo port is among best 25 in the world.

But Sri Lanka was doing quite well unlike the African nations. So it was unnecessary to get under the Chinese influence. Unfortunately Mahinda and his goons have sold the land to the Chinese to pour money into their own pockets. Sri Lanka has been so far the most developed region in South Asia. But I wonder how Sri Lanka will turn in the future. Hopefully it wont turn into countries like Afghanistan or some African nations

So because of Chinese, the infrastructure and institutions are going to magically disappear? If anything SL would turn into a Chinese vassal state like Japan or ROK.

 

[samv]

 

[beijingwalker]

 

[samv]

Sri Lanka's CBD is coming along nicely. Once high rises are built in the Port City, it will look stunning.

 

[samv]

11 years after the end of the war, Colombo's skyline is emerging as one of the nicest in South Asia

 

[HalfMoon]

Looking Amazing, Pakistan-China-Srilanka will always work together.

Add Nepal, Bangladesh and Myanmar too.

 

[lonelyman]

can't blame them, they are dirt poor and really don't have any money to even invest in themselves,

best Indians can do is provide lip service and 'oral commitment', you know the value of Indian words

if they don't sabotage you and curse you to fail

 

[GeraltofRivia]

11 years after the end of the war, Colombo's skyline is emerging as one of the nicest in South Asia

Looks awesome, I hope to be able to visit SL soon.

 

[mike2000 is back]

11 years after the end of the war, Colombo's skyline is emerging as one of the nicest in South Asia

Seems Sri Lanka/Colombo is positioning itself to be the shipping/transport hub of south Asian region, just like Singapore has been for South east Asia for a while now. Wishing all the best for Sri Lanka. Its a lovely place. Definitely the best country i visited in South Asia.

 

[samv]

To the left of this picture is the new Port City Marina with its iconic bridge. Really amazing views of the Colombo skyline from this vantage point.

 

[samv]

The 65th Anniversary of Diplomatic Relations and the 70th Anniversary of the ‘Rubber-Rice Agreement’ signed between Sri Lanka and China was celebrated on the 9th January 2022 at the newly completed seafront Public Promenade at Port City Colombo.

 

[KrimesKaster]

Meanwhile..

Sri Lanka appeals to China to ease debt burden amid economic crisis

Sri Lanka appeals to China to ease debt burden amid economic crisis

President urges rescheduling of payments amid food and electricity rationing after pandemic hit tourism sector

www.theguardian.com

 

[samv]

Meanwhile..

Sri Lanka appeals to China to ease debt burden amid economic crisis

Sri Lanka appeals to China to ease debt burden amid economic crisis

President urges rescheduling of payments amid food and electricity rationing after pandemic hit tourism sector

www.theguardian.com

https://twitter.com/x/status/1481234102129139713

https://twitter.com/x/status/1480523239558316035

 

[mourning sage]

China gifting a game-changer to every country in the region to implement 21st century, hands-off colonialism.

 

[Stranagor]

It would be funny if they appealed to India, which holds some 2% of SL external debt. It would even be tragic.

*

Foreign Debt Summary

Department of External Resources

www.erd.gov.lk

Total debt servicepayments from 1st January to 30th April 2021 amounted to USD 981.0 million, of which USD 520.6 million was in lieu of principal repayments and the balance USD 460.4 million for the payment of interest.







Debt Stock (by Major Lenders, US$ million)

Debt Stock (by Major Currencies, US$ million)

Maturity Structure of the Debt Stock