China Decided to Delay Investment in SL Pending Removal of Lawful & Political Obstacles

Chinese Ambassador in Srilanka said, that demonstrations   carried out  against China and legal obstacles faced  in obtaining  land  made  Chinese  investors  to think twice before investing in Srilanka.  China is not prepared to accept land acquired by the state against the wish of the people in Srilanka.

Hence, until such  obstacles are removed , China  decided to  delay investment of US$1.1 billion in Hambantota Port,  concluded Chinese Ambassador  in Srilanka.