Hambantota Port: Two Gazettes to grant tax concessions passed

8 December 2017 08:40 pm - 6     - {{hitsCtrl.values.hits}}

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Two gazette notifications under the Strategic Development Projets Act to grant tax concessions to two Chinese companies to develop the Hambantota Port on a Public Private Partnership was passed in Parliament today with a majority of 65 votes.

Seventy two MPs voted in favour while seven parliamentarians voted against including five JVP MPs and two joint opposition MPs.

  Comments - 6

  • Ram Saturday, 09 December 2017 06:00 AM

    Tax concessions OK for a limited period, say 10 years and then gradually curtailing the concessions

    Nish Saturday, 09 December 2017 12:23 PM

    They give all the benefits to Foreign companies and then these same moronic politicians then complain that local companies are not delivering enough.

    Liberal One Saturday, 09 December 2017 12:26 PM

    The Chinese company will take away the profit. Then they also get all the tax benefits. What will we get out of our port? Only a few thousand low paying jobs. They promise to make this a Singapore each passing day but does the complete opposite of what Singapore did.

    Leo Saturday, 09 December 2017 12:29 PM

    Yeah lets kill the golden roost so we can pay our government servants their salaries for a few months. Then lets continue to send our citizen abroad as slaves because there is not way to bring dollars in.

    Hautaum Saturday, 09 December 2017 07:03 PM

    Celebration (tax concessions) with poor people expenses

    gamini samarasinghe Monday, 11 December 2017 10:00 AM

    Politicians should tell the people that we do not belong to the elite technically advanced countries of the world and therefore we will have to slowly build up our knowledge and technology. We cannot expect to live like the West Japan and Korea right now. Call them slaves workers or whatever this is the present situation and the only way out is through hard work and study and TIME!


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