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Last Updated : 2024-04-24 08:14:00
China had requested for a 1000 acre block of land in Hambantota to set up an investment zone, Prime Minister Ranil Wickremesinghe said.
He said more Chinese investments were coming in to Sri Lanka.
“A Chinese company is interested in starting a ship building project in Hambantota as well,” he said.
While citing that the Andhra Pradesh State Government had given a 10,000 acre block of land to China, he said Sri Lanka would lose investors if it misses opportunities.(Yohan Perera)
onlooker Monday, 22 February 2016 10:33 AM
These are all loans, what was said is different. When considering the treasury scandal the commissions will also be there, Do not live in a fools paradise.
Sene Monday, 22 February 2016 04:46 PM
Chinese will develop the zone with their own money and will take the profits. No loans for us
Sene Monday, 22 February 2016 04:44 PM
Onlooker How can this be loans when China is investing? Investment is NOT a loan
TISSA Monday, 22 February 2016 04:38 PM
CHINA IS THE ONLY COUNTRY THAT WE CAN DEPEND ON.WEST IS DEBT RIDDEN.ARABS ARE IN A MESS.GERMANY GAVE US ONLY THE AIR (BUS) FARE OUT OF SYMPATHY.GPS IS A LONG WAY OFF HARSHA SAYS NEXT YEAR BUT SAJITH SAYS THIS YEAR.DO NOT FOOL THE MASSES.
Citizen Monday, 22 February 2016 03:43 PM
a Way back in late 70s and early 80s we were assembling motor vehicles such as Upali Fiat and Mazda, Mitsubishi Colt, Unique radio etc...All done by local entrepreneurs.
Dinesh Monday, 22 February 2016 02:11 PM
JVP, please force them to stop these nonsense. You are our one and only hope.
Aquarius Monday, 22 February 2016 01:59 PM
It is not about China or which country brings in development, it is about the large scale corruption with the contracts and China happened to ask less questions.
M.M.M.Zarook Monday, 22 February 2016 11:47 AM
Leasing out lands to China is welcome. China being a truly socialist country, it does not have any ulterior motives, unlike some of our pseudo-friendly western bloc countries.
DAN Monday, 22 February 2016 11:29 AM
Kanna Ona Unama Kabaragoyath Thalagoya venavalu....anedha kiyanne.....
Thomas Monday, 22 February 2016 11:17 AM
Give them 2000 acres in Trincomalee
Bingo Monday, 22 February 2016 11:16 AM
I agree with onlooker, but as always there will be idiots who will say YES to anything that ranil does. Same goes for former KING too. Thats why SL will be 3rd world forever.
AK Monday, 22 February 2016 11:09 AM
Oh China will invade us slowly
sen Monday, 22 February 2016 10:46 AM
Good MR will be very happy via DM Android App
onlooker Sunday, 21 February 2016 09:44 AM
PM eating his own words , if no China no development , so why blame the previous regime ?
Aruna Monday, 22 February 2016 10:20 AM
Here the ashamed Yahapalana guys now seem justifying what Ranil says. Finally to go with MR plans but tortoise speed and ineffectively.
Top Cat Monday, 22 February 2016 08:53 AM
The PM is putting out new words. Difference is he is not getting com-missions. We are likely to get that!!!
lal Sunday, 21 February 2016 01:30 PM
Loans are only taken for feasible projects. Learn from Greece what happens if you dont
Lal Sunday, 21 February 2016 01:29 PM
PM is implementing what he promised. A neutral foreign policy and replacing debt based development to investment based
Kithsiri Sunday, 21 February 2016 01:27 PM
PM said he would reduce loans and develop based on investments. You should eat your own words
Sammy Sunday, 21 February 2016 10:56 AM
There is nothing wrong in leasing out land to foreign countries, for economic benefit of Sri Lanka. However, the Govt. should be on top of it and have proper monitoring mechanisms and checks and balances in place so that the land is not misused.
Sumanasekara Sunday, 21 February 2016 10:54 AM
Any government in developing countries highly depend on loans for developments. Still we pay for loans we have taken for Mahawali projects. Its wander why PM, still look for opportunities from China, since he was the prime critic of China.
HotPot Sunday, 21 February 2016 10:42 AM
Is this compensation for the delayed port city project? The last one year you have shown poor leadership qualities . Time to hand over the government to SF and go with dignity.
Poli Mudalali Sunday, 21 February 2016 10:36 AM
I am sure all Many Have Seen POLI MUDALALI In Kopi Kadey Tele Drama.. Loan is Different from Investment.
The God Father Sunday, 21 February 2016 10:32 AM
Good, give the Mattala Airport, the Hambantota Harbour and the residence of the MR also to the chinese company as we Sri Lankans could benefit something from this.
ANTON Sunday, 21 February 2016 10:28 AM
I THOUGHT WE HAVE ALREADY GIVEN 65,610 SQUARE KILOMETERS TO THEM
musthaq Sunday, 21 February 2016 09:58 AM
What to do the previous regime has made SL a highly indebted country we Sri Lankans has no choice but to beg. what a sad state of affairs
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