More

    Sri Lanka hails Chinese investment in economic zone

    Must Read

    KKR to invest Rs. 5,550 crore in Reliance Retail Ventures

    Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm...

    Ayushmann Khurrana only Indian actor on Time’s 100 most influential list

    Ayushmann Khurrana has been named among world’s 100 most influential people by the Time Magazine. The actor...

    Payal Ghosh files FIR against Anurag Kashyap for rape, wrongful restrain

    Actor Payal Ghosh who had a few days ago levelled allegations of sexual harassment against Bollywood director...

    Sri Lanka has hailed China’s intention to invest over $5 billion in a new economic zone in the south of the island country.

    Chinese ambassador Yi Xianliang on Saturday said in Hambantota that this was a great opportunity for Sri Lanka as more than 50 Chinese investors were keen on investing in the southern development project,

    He said China would invest about $5 billion in the new economic zone within the next three to five years, which could also help create 100,000 jobs especially for the people of Hambantota and the south.

    “With all this, no negative force can stop the corporation between China and Sri Lanka and no one can stop the strong friendship between our two peoples,” the ambassador said.

    Sri Lankan Prime Minister Ranil Wickremesinghe appreciated China’s investment in the southern economic zone and also thanked China Merchants Holdings for helping develop the Hambantota Port.

    “No one can stop us from establishing a new Sri Lanka so that our youth will benefit. Like Malaysia, Singapore and China, we will also be proudly developed,” Wickremesinghe said.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Latest News

    KKR to invest Rs. 5,550 crore in Reliance Retail Ventures

    Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced today that global investment firm...

    Ayushmann Khurrana only Indian actor on Time’s 100 most influential list

    Ayushmann Khurrana has been named among world’s 100 most influential people by the Time Magazine. The actor took to Instagram to share...

    Payal Ghosh files FIR against Anurag Kashyap for rape, wrongful restrain

    Actor Payal Ghosh who had a few days ago levelled allegations of sexual harassment against Bollywood director Anurag Kashyap, has now filed...

    Recoveries cross 4.5 million-mark in India, 83,347 fresh cases reported in last 24 hours

    India recorded 83,347 fresh Covid-19 cases in the last 24 hours, taking the total tally to 56,46,010. The number of recoveries reached...

    Heavy rain hits life in Mumbai, COVID-19 hospital flooded

    Several streets and low-lying areas were waterlogged due to overnight rains and the road traffic was also badly hit, a civic official...

    More Articles Like This

    - Advertisement -