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Sri Lanka Launches Outreach Campaign to Attract Foreign Investment for Colombo Port City Project Offering Full Foreign Ownership and Major Tax Breaks; Steps up Roadshows from ...

COLOMBO — For its $15 billion Port City Colombo project, Sri Lanka has launched a new campaign aimed at global investors, offering major tax breaks and full foreign ownership as it tries to position ...
India West

US Senate Rings Alarm Bells Over China’s Financing Of Sri Lankan Port

WASHINGTON, DC -China’s role in Sri Lanka’s port infrastructure has been cited in a US Senate hearing as a cautionary example of Beijing’s overseas financing practices, with lawmakers warning that ...
Reuters

Sri Lanka resumes key highway project with $500 million new Chinese funding

38-km Central Expressway stretch links Colombo and Kandy Project launched in 2016 but suspended in 2023 after financial crisis Government targets completion by April 2028, minister says Loan from ...