Operation of Hambantota Port under new administration to begin before January 18

Sri Lanka's Minister of Port Shipping Mahinda Samarasinghe said, date of operation of Hambantota Port under new administration can be announced on 8th December, as per agreement signed with China Merchant Port Holdings six months  allowed for operations under new administration to begin,will end on the 18th of January,under agreement,10 percent of base money should be paid to Sri Lanka by December 8, and following discussions amount been increased to 30 percent,according to Minister Samarasinghe, around 446 million US dollars will be added to the foreign reserves by 8th December.…………….Please Log in or Subscribe to view full details…..

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