Sri Lanka to Sell Hambantota Port to Chinese Operator

Sri Lanka to Sell Hambantota Port to Chinese Operator
Sri Lanka has given the final go-ahead to sell 70 percent of the port of Hambantota to state-controlled China Merchants Port Holdings for $1.1 billion. The agreement limits the Chinese role to commercial operations, and the Sri Lankan government will retain control over whether military ... read more
Source: Maritime ExecutivePublished on 2017-07-27