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June 23, 2010

Chinese Firm Signs Sri Lankan Port Expansion Deal

China Harbour Engineering has signed a deal with Sri Lanka to start the second phase of a new port in Hambantota on the country’s south coast. China's Government has offered financial assistance of $200m for the project, which will begin in November. The second phase include

By cms admin

China Harbour Engineering has signed a deal with Sri Lanka to start the second phase of a new port in Hambantota on the country’s south coast.

China’s Government has offered financial assistance of $200m for the project, which will begin in November.

The second phase includes excavation for the harbour basin, dredging the approach channel and building berths.

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