• Latest
  • Trending

Sri Lanka looks forward to ‘fantastic’ ties with China in 2017, says govt

December 11, 2016
Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

January 29, 2023
Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

January 29, 2023
Excited fans damage theatres showing Pathaan

Excited fans damage theatres showing Pathaan

January 29, 2023
The world is tired Of United States’ wars

The world is tired Of United States’ wars

January 29, 2023
Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

January 29, 2023
Electricity

Power cut schedule for today in Sri Lanka: January 28th

January 28, 2023
Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

January 27, 2023
Eggs

India to export 50 million eggs to Malaysia

January 27, 2023
Bangladeshi opposition slams inclusion of Darwin’s theory in school textbook

Bangladeshi opposition slams inclusion of Darwin’s theory in school textbook

January 27, 2023
Exchange Rate

Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

January 27, 2023
Vaping

Researchers uncover new negative effects of vaping

January 27, 2023
Donald Trump

Meta says it will restore Donald Trump’s Facebook and Instagram accounts

January 27, 2023
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact
Sunday, January 29, 2023
No Result
View All Result
NewsIn.Asia
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

    Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

    Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

    Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

    Excited fans damage theatres showing Pathaan

    Excited fans damage theatres showing Pathaan

    Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

    Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

    Electricity

    Power cut schedule for today in Sri Lanka: January 28th

    Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

    Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

    Eggs

    India to export 50 million eggs to Malaysia

    Bangladeshi opposition slams inclusion of Darwin’s theory in school textbook

    Bangladeshi opposition slams inclusion of Darwin’s theory in school textbook

    Exchange Rate

    Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    The world is tired Of United States’ wars

    The world is tired Of United States’ wars

    Eggs

    India to export 50 million eggs to Malaysia

    Vaping

    Researchers uncover new negative effects of vaping

    Donald Trump

    Meta says it will restore Donald Trump’s Facebook and Instagram accounts

    Paris. Image credits - Alexander Kagan allewollenalex / Unsplash

    World’s ‘most powerful’ tourism city revealed

    "Avatar: The Way of Water" has soared into the $2 billion club of top grossing movies worldwide.

    ‘Avatar: The Way of Water’ crosses $2 billion mark in worldwide box office

    Pope Francis

    Pope Francis says homosexuality is not a crime

    Chris Hipkins

    New Zealand’s Chris Hipkins sworn in as Prime Minister

    Food

    Rising prices, food insecurity add to ranks of hungry

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    "Avatar: The Way of Water" has soared into the $2 billion club of top grossing movies worldwide.

    ‘Avatar: The Way of Water’ crosses $2 billion mark in worldwide box office

    Pathaan

    Posters of Shah Rukh Khan’s Pathaan torn down and burnt outside cinemas in India

    Oscars 2023

    Oscars 2023: ‘Everything Everywhere All At Once’ leads nominations

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Prince William and Prince Harry arrive at the Canadian National Vimy Memorial in Vimy, France on April 9, 2017.. Image credits - Jack Taylor/Getty Images/File

    Prince Harry’s ‘Spare’ creates world record, becomes fastest selling non-fiction book

    Cocaine Bear (Credit: Universal Pictures)

    20 of the best films to watch in 2023

    Avatar

    Avatar: The Way Of Water passes USD 1B at the global box office

    (Image credit: Alamy)

    The 20 best films of 2022

    Harry and Meghan

    ‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    Vaping

    Researchers uncover new negative effects of vaping

    Paris. Image credits - Alexander Kagan allewollenalex / Unsplash

    World’s ‘most powerful’ tourism city revealed

    Image credits - NASA nasa / Unsplash

    Earth’s inner core may have started spinning other way

    Global citizenship and residence advisory firm Henley & Partners has released its quarterly report on the world's most desirable passports. Click on to find out which passport offers the most access in 2023. Justin Sullivan/Getty Images

    The world’s most powerful passport for 2023 revealed

    Image credits - Tetiana Bykovets tetiana_bykovets / Unsplash

    New research reveals reason why chocolate tastes so good

    NASA’s Webb telescope

    Extraterrestrial wonders: Webb Telescope detects its 1st exoplanet

    Asafoetida plant. Photo via Adobe Stock.

    The most controversial ingredient in Indian food

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Airport Colombo

    Sri Lanka Airport Departure / Arrival immigration cards now online

    Dear Sri Lankans, why are you so happy this Christmas? I don’t get it

    Dear Sri Lankans, why are you so happy this Christmas? I don’t get it

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Donald Trump

    Meta says it will restore Donald Trump’s Facebook and Instagram accounts

    WhatsApp

    5 great new features coming to WhatsApp in 2023

    Binance

    Binance is now authorised in seven EU Member States and fifteen jurisdictions worldwide

    Elon Musk

    Elon Musk breaks world record for largest loss of personal fortune in history

    Microsoft

    Microsoft in talks to invest $10 bln in ChatGPT owner – Semafor

    Hackers. Image credits - Kevin Ku ikukevk / Unsplash

    Twitter hacked, 200 million email addresses leaked: Researcher

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
  • Home
  • Around South Asia
    • All
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
    Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

    Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

    Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

    Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

    Excited fans damage theatres showing Pathaan

    Excited fans damage theatres showing Pathaan

    Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

    Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

    Electricity

    Power cut schedule for today in Sri Lanka: January 28th

    Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

    Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

    Eggs

    India to export 50 million eggs to Malaysia

    Bangladeshi opposition slams inclusion of Darwin’s theory in school textbook

    Bangladeshi opposition slams inclusion of Darwin’s theory in school textbook

    Exchange Rate

    Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

  • World
    • All
    • Japan
    • Russia
    • United Kingdom
    • United States
    The world is tired Of United States’ wars

    The world is tired Of United States’ wars

    Eggs

    India to export 50 million eggs to Malaysia

    Vaping

    Researchers uncover new negative effects of vaping

    Donald Trump

    Meta says it will restore Donald Trump’s Facebook and Instagram accounts

    Paris. Image credits - Alexander Kagan allewollenalex / Unsplash

    World’s ‘most powerful’ tourism city revealed

    "Avatar: The Way of Water" has soared into the $2 billion club of top grossing movies worldwide.

    ‘Avatar: The Way of Water’ crosses $2 billion mark in worldwide box office

    Pope Francis

    Pope Francis says homosexuality is not a crime

    Chris Hipkins

    New Zealand’s Chris Hipkins sworn in as Prime Minister

    Food

    Rising prices, food insecurity add to ranks of hungry

  • Business
  • Politics
  • Sports
  • Entertainment
    • All
    • Books
    • Gaming
    • Movie
    • Music
    • Series
    "Avatar: The Way of Water" has soared into the $2 billion club of top grossing movies worldwide.

    ‘Avatar: The Way of Water’ crosses $2 billion mark in worldwide box office

    Pathaan

    Posters of Shah Rukh Khan’s Pathaan torn down and burnt outside cinemas in India

    Oscars 2023

    Oscars 2023: ‘Everything Everywhere All At Once’ leads nominations

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Much-awaited Sri Lankan 3D animation movie “Gajaman” coming to theatres

    Prince William and Prince Harry arrive at the Canadian National Vimy Memorial in Vimy, France on April 9, 2017.. Image credits - Jack Taylor/Getty Images/File

    Prince Harry’s ‘Spare’ creates world record, becomes fastest selling non-fiction book

    Cocaine Bear (Credit: Universal Pictures)

    20 of the best films to watch in 2023

    Avatar

    Avatar: The Way Of Water passes USD 1B at the global box office

    (Image credit: Alamy)

    The 20 best films of 2022

    Harry and Meghan

    ‘Harry & Meghan’ is Netflix’s most watched documentary debut in its first week

  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Science
    • Travel
    Vaping

    Researchers uncover new negative effects of vaping

    Paris. Image credits - Alexander Kagan allewollenalex / Unsplash

    World’s ‘most powerful’ tourism city revealed

    Image credits - NASA nasa / Unsplash

    Earth’s inner core may have started spinning other way

    Global citizenship and residence advisory firm Henley & Partners has released its quarterly report on the world's most desirable passports. Click on to find out which passport offers the most access in 2023. Justin Sullivan/Getty Images

    The world’s most powerful passport for 2023 revealed

    Image credits - Tetiana Bykovets tetiana_bykovets / Unsplash

    New research reveals reason why chocolate tastes so good

    NASA’s Webb telescope

    Extraterrestrial wonders: Webb Telescope detects its 1st exoplanet

    Asafoetida plant. Photo via Adobe Stock.

    The most controversial ingredient in Indian food

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Best diet for 2023 is the science-backed Mediterranean style of eating

    Airport Colombo

    Sri Lanka Airport Departure / Arrival immigration cards now online

    Dear Sri Lankans, why are you so happy this Christmas? I don’t get it

    Dear Sri Lankans, why are you so happy this Christmas? I don’t get it

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Tech
    Donald Trump

    Meta says it will restore Donald Trump’s Facebook and Instagram accounts

    WhatsApp

    5 great new features coming to WhatsApp in 2023

    Binance

    Binance is now authorised in seven EU Member States and fifteen jurisdictions worldwide

    Elon Musk

    Elon Musk breaks world record for largest loss of personal fortune in history

    Microsoft

    Microsoft in talks to invest $10 bln in ChatGPT owner – Semafor

    Hackers. Image credits - Kevin Ku ikukevk / Unsplash

    Twitter hacked, 200 million email addresses leaked: Researcher

    Trending Tags

    • Sillicon Valley
    • Climate Change
    • Election Results
    • Flat Earth
    • Golden Globes
    • MotoGP 2017
    • Mr. Robot
  • Coronavirus
  • Videos
NewsIn.Asia
No Result
View All Result
Home Around South Asia Sri Lanka

Sri Lanka looks forward to ‘fantastic’ ties with China in 2017, says govt

Editor by Editor
December 11, 2016
in Sri Lanka, Top Story
Reading Time: 2 mins read
1 0
A A
Share on WhatsApp

Colombo, Dec 11 (NIA) – Sri Lanka is looking forward to ‘fantastic relations’ with China next year as the island country hopes to attract Chinese investments worth 8 billion dollars, Deputy Foreign Minister, Harsha De Silva said.

China is one Sri Lanka’s largest development partners, and has completed infrastructure construction projects worth 15.5 billion dollars by the end of 2015.

Now the government says that with all past misunderstandings cleared between the two nations, they hope to attract more investments which would help develop the island country.

ADVERTISEMENT

“There were some misunderstandings over certain projects which have now all been cleared. Other than the Port City project which is a massive investment, the past government only took loans from China. However this government has been successful in getting in investments which would benefit the country,” De Silva said.

Stressing that China and Sri Lanka have been traditional friends, De Silva denied reports that the government of President Maithripala Sirisena faced strained ties with China, especially after the recent outburst by China’s Ambassador to Sri Lanka, Yi Xianliang, against the government ‘unthankful’ attitude towards the Chinese.

“China is our very close friend and aide,” he said. “Our relations with China had never deteriorated. Infact after this government was elected to power, relations have only been further strengthened,” he added.

The government recently announced that under the first phase of its Southern Development project, starting in January 2017, the government was informed that the Chinese were coming in with investments in an LNG power plant, a refinery, a cement factory and a dockyard totaling a massive 8 billion US dollars.

The initial area of 15 sq km which will be used for the development projects will be around the Hambantota Port.
The Southern Development Project is expected to cover 50 sq km once completed in three phases.
China has also recommenced a 1.4 billion dollar mega port city project in Colombo which will be constructed as an international financial city. This will fill the void between Dubai and Singapore, the government has said.
Sri Lanka has also decided to give 80 per cent of the Hambantota deep sea port on a Hong Kong-style 99-year lease to China Merchants Holdings for US$1.1 billion.
The deal will be crucial for China’s Silk Route.

President Maithripala Sirisena suspended most of the Chinese infrastructure projects in Sri Lanka, including the Port City deal, allegedly because the proper procedure had not been followed, or costs had been inflated under former President Mahinda Rajapakse.

However, faced with a debt and balance-of-payments crisis, the new government eventually allowed all the projects to go ahead.

Tags: ChinaChinaSri Lanka relationsHambantota PortSri Lanka

Related Posts

Maldivian President Solih’s controversial win in party primary ahead of Presidential poll
Maldives

Maldivian President Solih’s controversial win in party primary ahead of Presidential poll

January 29, 2023
Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy
Defense

Jaishankar’s visit reset bilateral relations, says Sri Lankan envoy

January 29, 2023
Excited fans damage theatres showing Pathaan
Cinema

Excited fans damage theatres showing Pathaan

January 29, 2023
Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate
Development news

Lanka informed by IMF that Chinese proposal on debt restructuring is not adequate

January 29, 2023
Electricity
Around South Asia

Power cut schedule for today in Sri Lanka: January 28th

January 28, 2023
Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan
Defense

Lankan envoy meets Indian Chief of Defense Staff, Gen. Anil Chauhan

January 27, 2023
  • Electricity

    Power cut schedule for today in Sri Lanka: January 28th

    57890 shares
    Share 23174 Tweet 14465
  • Registration open for National Fuel Pass

    6624 shares
    Share 2687 Tweet 1641
  • Foreign Currency Official Exchange Rates from Central Bank of Sri Lanka

    1663 shares
    Share 672 Tweet 413
  • WATCH : Yohani’s first live performance in India

    788 shares
    Share 328 Tweet 192
  • Power interruption schedule released: Check your area power cut time

    747 shares
    Share 325 Tweet 176
  • About Us
  • Advertisements
  • Privacy Policy
  • Contact

© 2022 All rights reserved.

No Result
View All Result
  • Home
  • Around South Asia
    • Afghanistan
    • Bangladesh
    • Bhutan
    • China
    • India
    • Maldives
    • Myanmar
    • Nepal
    • Pakistan
    • Sri Lanka
  • Around The World
  • Breaking News
  • Business
    • Exchange
  • Climate Change
  • Governance
    • Crime
    • Diplomacy
    • Defense
    • Human Rights
    • Politics
    • Strategic Affairs
  • Lifestyle
    • Books
    • Entertainment
      • Arts
      • Cinema
      • Gaming
      • Music
      • Movie
      • Series
      • TV
    • Health
    • Fashion
    • Food
    • Travel
  • Culture
    • Ethnicity
    • Gender
  • Development news
  • Economy
  • Education
  • Environment
  • Coronavirus
  • History
  • National
  • Offbeat
    • Media
    • Music and arts across South Asia
  • Recommended
    • Headlines
    • Highlights
    • Top Picture
    • Top Story
  • Religion
  • Science
  • Sports
    • Football
    • Cricket
      • LPL
      • IPL
    • Tennis
    • Formula 1
    • NBA
  • Tech
    • Instagram
  • United Nations
  • Weather
  • World
    • Japan
    • Russia
    • United States
  • Videos

© 2022 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

eskisehir escort -

https://www.vudols.com/

- Sağlık Personeli - mersin escort - Antalya korsan taksi