Sri Lanka moves ahead on major port project amid fears of China’s influence – South China Morning Post

Sri Lanka moves ahead on major port project amid fears of China’s influence – South China Morning Post

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Sri Lanka’s parliament on Thursday passed a law installing a powerful economic commission to administer a huge Chinese luxury oceanside development after altering elements of the bill ruled unconstitutional by the country’s top court.The bill to create the Colombo Port City Economic Commission passed with a 149-58 vote in Sri Lanka’s 225-member Parliament.The CHEC Port City Colombo company, a unit of China Communications Construction Company, invested US$1.4 billion for reclamation of land and…Read More

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