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Home News Item Sri Lanka eyes South Asian hub with Chinese mega port
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Sri Lanka eyes South Asian hub with Chinese mega port

augustus 04, 2013by 0

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Colombo: A USD 500 million Chinese-built port opens Monday in Sri Lanka, giving Beijing a vital foothold on the world’s busiest international shipping lane as it seeks to secure maritime supply routes. The massive terminal in Colombo is located mid-way on the lucrative east-west sea route and has facilities on a par with Singapore and Dubai. The Colombo International Container Terminal (CICT), which is 85 per cent owned by the state-run China Merchant Holdings International, is designed to handle mega ships — a first for Sri Lanka which is…

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