Independent journal on economy and transport policy
19:03 GMT+2
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The harbour group Chinese CMPort realizes the huge single foreign investment in Sri Lanka
Poured 584,2 million dollars in the within of the investment for the management of the port of Hambantota
June 21, 2018
Yesterday the Chinese group Lowers Merchants Port Holdings Co. (CMPort) has knit the third tranche of payment of the investment of 976 million dollars previewed from the canon of concession for the management of the cingalese port of Hambantota. The check of 584,2 million dollars detached yesterday from the Chinese company constitutes the huge single carried out foreign investment never directed in Sri Lanka.
The check at the end follows the payment of 292 million dollars of the first happened tranche last year(of 11 Decembers 2017) to which it is I keep on ulterior January 2018 the deposit of 97 million dollars of the second tranche. Moreover CMPort has been engaged to the future payment of other 146 million dollars.
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