SL receives first tranche of H’tota port lease proceeds

26 December 2017 03:13 pm - 15 - {{hitsCtrl.values.hits}}

A A A

Sri Lanka received the first payment for the lease of the Hambantota port to the state-owned Chinese firm, the Central Bank said today.

Accordingly, US $ 292.1 million has been credited to the US dollar account of the Government of Sri Lanka maintained at the Central Bank of Sri Lanka.

Sri Lanka Ports Authority (SLPA) leased out the Hambantota port to China Merchant Port Holdings (CMPort) for a 99-year period in exchange of US$ 1.1 billion in July.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 15

Doug Tuesday, 26 December 2017 03:27 PM

Can you buy Sri lankan airlines also, and give us some pocket money.

Real Peace Tuesday, 26 December 2017 05:40 PM

Can lease Sri Lankan govt for 999 yrs and make all of us as rich as China..!!

malik Tuesday, 26 December 2017 03:34 PM

The Drinks are on GOSL. Cheers

Sunil Tuesday, 26 December 2017 03:40 PM

Ugasata thaba mage' rata pitaratun hataLowa balawathun abhimukaye danin sitaHingaman yadimu sagindara niwnnataEnamuth mage' ratai loken uthum rata.Not only selling the country but applauding vigorously when the cheque is received.

voter Tuesday, 26 December 2017 05:37 PM

@ Sunil, Where were you when MR and the gang sold outright the Gallface land to Shangri la. Were you in slumber then?

Dee Tuesday, 26 December 2017 03:51 PM

Oh. Thank god. It did come. Any possibility of reversing the outright sale of galle face to shangri la? Even giving it on a free lease would be better that the crime that was done by selling our nations most valuable property . Hambantota is a jungle. So we are glad someone is paying lease for it.

Somapala Tuesday, 26 December 2017 05:47 PM

JRJ gave land next to Shangri La to India’s Taj for FREE. Premadasa gave land close by to a Japanese company to build World Trade Center for FREE. Giving land to Shangri la for USD 125 million is an achievement. That money could have used to build the pentagon that was in the plans since JRJ but never implemented.

Jagath Leanage Tuesday, 26 December 2017 03:58 PM

With this , will our exchange rates come down drastically ?

Mr Facts Tuesday, 26 December 2017 04:11 PM

I thought this will be credited towards settling the loan obtained to build the Hambantota port?

MORE FLYING HOURS Tuesday, 26 December 2017 07:28 PM

For more trips abroad

Ahmed Tuesday, 26 December 2017 04:48 PM

the question is what are you going to buy with this money ? are you going to spend this money on getting vehicle permits for mps ? or else are you going to promise government workers a salary hike to get more votes in the next election. the question is what are you going to do for citizens with this money

Led Hogan Tuesday, 26 December 2017 05:20 PM

This will go towards propping up SriLankan airlines US$500 million bale out next year. What a bottomless monster.

voter Tuesday, 26 December 2017 05:38 PM

Gonna have a grand 31st night party!!!

Saman Tuesday, 26 December 2017 06:21 PM

Time for another supplementary estimate for vehicles and houses..

Sambo Wednesday, 27 December 2017 12:52 PM

Some ministers must be very happy. Bonus has come for them at last.

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

SL receives first tranche of H’tota port lease proceeds

Comments - 15

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Two racing drivers arrested over Fox Hill tragedy

Gota fires back at Cardinal, rebuts allegations

Ranil Wickremesinghe caravan moves on despite barking dogs

Sri Lankan among NASA’s new crew for next simulated Mars journey

Sri Lanka weighs Open Skies amidst plans for national carrier privatization

SL on alert on possible genocide allegations by Canada

MIRROR CRICKET

Sahan Arachchige to lead Sri Lanka ‘A’

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

TODAY'S HEADLINES

Sri Lanka to establish new energy sector regulator

Cabinet nod to transfer China-built Mattala airport’s management to Indian, Russian joint venture

Sajith never attends dinners hosted by Ranil Wickremesinghe

One soldier dead, nine injured in road crash

Sahan Arachchige to lead Sri Lanka ‘A’

Dates confirmed for 78th Bradby Shield

SLAS appoints independent committee for investigation

Pakistan lose key players for last two T20Is against New Zealand