News
Prime Minister receives largest foreign currency cheque in 4 decades from China Merchant
- Chinese group to manage and operate Hambantota Port
- Premier says the US$300 m will be used to develop Ruhuna into an industrial zone
Among them will be an oil refinery, an LNG lands, a dockyard and cement factory, he said.
“Negotiations have already started and the land for these projects will be identified by the Ruhunua Development Authority,” he said.
The Prime Minister said that the country is on its way to becoming the hub of the Indian Ocean.
“Sri Lanka is part of the modern maritime silk route. We have three ports, one in Colombo, one in the south in Hambantota and one in the east in Trincomalee.”
The Prime Minister added that thousands of dollars will be received in the future. “This will release the people’s debt burden without leaving any burdens for the present and future generation as well. The intention of the government is to create a better country for the future generation which would enable them to move forward without any fear.”