Sri Lanka is preparing to open the first phase of a China-funded, US$1.5bil port project that has fuelled Indian concerns over strategic Chinese investment in South Asia. Sitting along the ancient “silk road” trading route and one of the world’s busiest shipping lanes, the Hambantota port is intended to be the engine that will drive Sri Lanka’s economic recovery after decades of ethnic conflict.
News
about 16 years ago
Sri Lanka pins hopes on China-funded port
Sri Lanka is preparing to open the first phase of a China-funded, US$1.5bil port project that has fuelled Indian concerns over strategic Chinese investment in South Asia. Sitting along the ancient “silk road” trading route and one of the world’s busiest shipping lanes, the Hambantota port is intende
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