Port City resuming under amended terms: Ravi K.

17 March 2016 06:17 pm - 7     - {{hitsCtrl.values.hits}}

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The Chinese funded Colombo Port City Project would not be carried out according to the original plan signed during the previous regime, but with certain amendments to make it environmentally viable, Finance Minister Ravi Karunanayake said today.

The Chinese funded Colombo Port City Project would not be carried out according to the original plan signed during the previous regime, but with certain amendments to make it environmentally viable, Finance Minister Ravi Karunanayake said today.

“ We promised that the project would not be carried out according to the original plan and we had not gone back on our word,” the Minister said.

The Minister told a media briefing that the environmental approval had been obtained for the project.

He denied that the environment approval had only been given to reclaim the land from the sea and not for construction work “The media may have go to know something which we are not aware of ,” the Minister said responding to a question raised by the journalists.

“The approval had been given both for the filling of the sea and for the construction,” the Mr Karunanayake said.

The US $ 1.4 billion urban development project will cover 233 hectares of reclaimed land adjoining the Port of Colombo. The deal was initially signed between the Sri Lankan government and the China Communications Construction Ltd in November 2013 but it was suspended when the new government came into power in 2015 . However Cabinet nod was given to restart the work of the project last week.

Meanwhile, Mr. Karunanayake said the government would hand over the task of taking action against those who are responsible or putting the country into debt trap to the Supreme Courts and the Police. (Yohan Perera and Chaturanga Pradeep)

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  • Ravi Friday, 18 March 2016 12:24 PM

    you are useless you know that to your self.

    Hunais Friday, 18 March 2016 03:06 PM

    Any useful mega projects can go ahead without any hesitation as long as it is beneficial to the people of sri lanka and to the country. All the best to your endeavors.

    Tax Payer Friday, 18 March 2016 09:26 AM

    PM and FM have failed to publish a list of all big loans taken in the past and after 2015 to show ordinary public the truth rather than just talking. MR given details of loans several times and at the opposition rally y`day and people wonder whether PM and FM are not giving the truth. Publish them promptly.

    lokaya Thursday, 17 March 2016 07:21 PM

    at this point i dont even care we need to change this gov via DM Android App

    words Thursday, 17 March 2016 07:54 PM

    lol...shame shame shame via DM Android App

    Sharon Thursday, 17 March 2016 08:58 PM

    Oh no...... We voted for you to stop this. Keep your promise Sir. via DM iOS App

    Imf Thursday, 17 March 2016 09:05 PM

    What else this bankruptcy government can do..they must obay Chinese law. Anyway its good move . .we get more land..


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