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Sri Lanka Government Reneges on Land to China in Colombo Port on Freehold

Sri Lanka Government Reneges on Land to China in Colombo Port on Freehold A Colombo Page news titled - Chinese developer of Colombo Port city Project agrees to withdraw compensation claims for losses incurred due to suspension - states The Chinese developer of the Colombo Port City Project has agreed to withdraw all the compensation claims for losses incurred due to the suspension of the project by the Sri Lankan government last year. "In view of the goodwill created by the visits of His Excellency the President and the Hon. Prime Minister to China, the project company has agreed to withdraw all compensation claims for losses incurred due to the suspension of the project caused by the failure of the previous administration of the SLPA to obtain the required environmental permits," a cab...
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