Sri Lanka and China are hoping he project will help the island country become a financial centre in the Indian Ocean comparable with those in Singapore and Europe.Jan 02, 2018, 23:28 PM IST
Sri Lanka on Saturday formally handed over the southern sea port of Hambantota to China.Dec 09, 2017, 15:31 PM IST
The first vessel, The N4K FRICIA from Japan carrying 15 vehicles for trans-shipment, called at the Hambantota last night.Jun 06, 2012, 18:43 PM IST
The Hambantota port named after President Mahinda Rajapaksa would be established as a preferred transshipment hub for vehicles, Sri Lanka Ports Authority has said.Jun 04, 2012, 14:20 PM IST
Amid growing concerns that China
is seeking to strengthen its naval presence in the Indian
Ocean, a top Chinese official said on Thursday that its projects in
Sri Lanka was only for "commercial purposes".