Joint Venture Operation of Hambantota Port to Start on Dec. 08

Prime Minister Wickremesinghe, while speaking at a function to distribute land title deeds to people in Deniyaya yesterday morning said, the Government was thinking of closing the port down as there were no funds to operate it. ”It was the Chinese President who suggested forming a joint venture between the Sri Lankan Government and Chinese Company”, PM said.

The joint venture between China Merchants Port Holding Company (CMPH) and Sri Lanka Ports Authority (SLPA) to operate the Hambantota Harbour would start operations on December 8, Prime Minister Ranil Wickremesinghe said yesterday (5). Further, he listed out a number of projects associated with the Hambantota Economic Zone.