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Govt. receives first port payment from China-led company

11 December 2017 09:46 am - 0     - {{hitsCtrl.values.hits}}

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Prime Minister Ranil Wickremesinghe receiving the US$292 million cheque as the first payment from China Merchants Port Holdings for taking over the commercial operations of the Hambantota Port this Saturday. 


The entire deal, worth US$ 1.12 billion, will see the Chinese company having 70 percent of the effective shareholding of the port for 99 years.

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