Sri Lanka receives first payment from China Merchant Port Holdings for Hambantota Port deal

Sri Lanka has received the first tranche of the proceeds from China Merchant Port Holdings Co. Ltd on the account of handing over of operations of Hambantota Port.The Central Bank of Sri Lanka in a release said today that subsequent to the agreement signed between Sri Lanka Ports Authority and the China Merchant Port Holdings Co. Ltd., US $ 292.1 million has been credited to the US Dollar account of Government of Sri Lanka maintained at the Central Bank.

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