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Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyToday at 2:14 pm by The Invisible

» ඇඳුම නං නරක නෑ
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyToday at 9:48 am by The Invisible

» Thread for News on CSE and SL Economy
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 3:51 pm by The Invisible

» Kagame gives food, free electricity to every household during lockdown
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 10:07 am by කිත්සිරි ද සිල්වා

» MARKET HOLIDAY ON 30TH MARCH 2020
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Mar 29, 2020 10:09 pm by කිත්සිරි ද සිල්වා

» Power of Social Media
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Mar 29, 2020 1:19 pm by කිත්සිරි ද සිල්වා

» මනුස්සකම
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Mar 29, 2020 10:10 am by LSE

» 450 Ivy League courses you can take online right now for free
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Mar 28, 2020 2:32 am by pjrngroup

» Thread for News on International Markets
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 27, 2020 4:12 pm by The Invisible

» අය කළ ණය වාරික නැවත ලබා දෙනවා – මහජන බැංකු සභාපති කියයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 27, 2020 12:02 pm by nihal123

» මේ දුප්පත් රටට ඔබේ ජීවිතය බේරලා දෙන්න උදව් කරන්න.
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 26, 2020 4:26 pm by malanp

» Coronavirus COVID-19 Live update
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Mar 25, 2020 7:59 pm by nihal123

» Anytime Data
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Mar 25, 2020 4:07 pm by pjrngroup

» Films - To Watch List
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Mar 25, 2020 12:05 pm by yellow knife

» US Embassy urges Americans in Sri Lanka to leave
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Mar 25, 2020 8:16 am by The Invisible

» Oil, Gold & Silver Prices
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 24, 2020 9:59 pm by කිත්සිරි ද සිල්වා

» Why we need to practise social distancing
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 24, 2020 8:44 pm by chutiputha

» මුළු දිවයිනටම ඇඳීරි නිතිය
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 24, 2020 8:17 pm by chutiputha

» නමක් ගමක් දන්නෙ නෑ රත්තරන් මනුස්සයෙක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 24, 2020 6:01 pm by nihal123

» Amazon today cancelled the subscription of books and audio stories
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 24, 2020 5:33 pm by කිත්සිරි ද සිල්වා

» ජනපතිගෙන් ජනතාවට සහන
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Mar 23, 2020 8:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka asks telecos to give emergency credit to keep in touch in Coronavirus fight
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Mar 23, 2020 7:35 am by The Invisible

» කොටස් වෙළෙඳපොළ හෙට පැය 03කට විවෘත කෙරේ. හැකි නම් නිවසේ සිට වැඩ කරන්න
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Mar 23, 2020 7:18 am by The Invisible

» SAMP.N0000 (Sampath Bank PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Mar 22, 2020 7:52 am by The Invisible

» INDUSTRIAL ASPHALTS (CEYLON) PLC (ASPH.N0000)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Mar 21, 2020 2:27 pm by serene

» Obituary Notice.
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Mar 21, 2020 1:13 pm by කිත්සිරි ද සිල්වා

» Sri Lanka makes mini-budget till May 2020 under Presidential powers
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Mar 21, 2020 9:49 am by The Invisible

» හෝමාගම රෝහලත් කොරෝනා රෝගීන් සඳහා වෙන් කරයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Mar 21, 2020 9:43 am by nihal123

» People first, economy next, says top economist
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 20, 2020 9:59 am by Backstage

» කොටස් වෙළෙඳපොළ ගනුදෙනු හෙට යළි ඇරඹෙයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 20, 2020 8:34 am by malanp

» ඉන්දීය අගමැති මුළු රටටම ඇඳිරි නීතිය පනවයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 20, 2020 8:05 am by The Invisible

» Happy Birthday
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 20, 2020 4:21 am by nihal123

» Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 19, 2020 2:36 pm by කිත්සිරි ද සිල්වා

» නිවසේ සිට වැඩ කරන සතියක් : රජය සහ පුද්ගලික අංශය දෙකටම
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 19, 2020 2:31 pm by The Invisible

» Sri Lanka elections delayed over Coronavirus
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 19, 2020 2:27 pm by The Invisible

» Sri Lanka’s market closed over Coronavirus on March 19
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 19, 2020 9:31 am by The Invisible

» Sri Lanka stock market closed Tuesday in Coronavirus holiday
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 19, 2020 9:23 am by The Invisible

» Sri Lanka President orders 6-month debt moratorium, 4-pct working capital
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Mar 18, 2020 3:17 pm by slstock

» පුත්තලම, හලාවත ඇතුළු ප්‍රදේශ කිහිපයකට පොලිස් ඇඳිරි නිතිය
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Mar 18, 2020 2:45 pm by The Invisible

» Sri Lanka RPCs to pay Rs.1,000 daily wage on higher productivity, trade unions yet to agree
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 17, 2020 3:03 pm by The Invisible

» Sri Lanka Central Bank Governor asks markets to remain calm
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 17, 2020 2:59 pm by The Invisible

» Dividend Announcements
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Mar 17, 2020 12:59 pm by yellow knife

» කන්දකාඩු නිරෝධායන මධ්‍යස්ථානයෙන් ඇසුණු කතාවක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Mar 16, 2020 3:22 pm by nihal123

» Cardinal Seeks UN Probe on China’s Coronavirus
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Mar 16, 2020 7:43 am by The Invisible

» සඳුදා රජයේ නිවාඩු දිනයක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Mar 15, 2020 10:10 am by The Invisible

» Contagion (2011)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 13, 2020 10:22 am by Backstage

» රටවල් තුනක සිට ලංකාවට ඇතුල්වීම අද සිට තහනම් කරයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Mar 13, 2020 10:12 am by nihal123

» කොරෝනා වෛරසය ලොව ධනවත්ම පුද්ගලයාගේ වත්කම එක් රැයක දී ඩොලර් බිලියන 7කින් පහළ දමයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 12, 2020 11:40 pm by nihal123

» දිවයිනේ සියලුම පාසැල් අප්‍රේල් 20 දක්වා වසා දැමේ
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 12, 2020 8:05 pm by nihal123

» 2020 පෙබරවාරි මාසයේ දී සංචාරකයින්ගේ පැමිණීම 17.7%කින් පහළට. චීනුන් 92%කින් අඩුවෙලා
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Mar 12, 2020 11:03 am by කිත්සිරි ද සිල්වා

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Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei

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Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei Empty Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei

Post by Backstage on Tue May 21, 2019 1:32 pm

https://www.bloomberg.com/news/articles/2019-05-21/japan-india-in-deal-at-belt-and-road-colombo-port-nikkei

Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
By Jon Herskovitz
May 21, 2019,

Deal is to develop a container terminal at Port of Colombo
Port City Colombo is being built by state owned CCCC of China


The governments of Japan, India and Sri Lanka have agreed to develop a container terminal at the Port of Colombo, which has attracted major investment from China under its Belt and Road initiative, a Japanese newspaper reported.

The three will sign a memorandum of understanding in the coming months for the east container terminal, located at the newly expanded south part of the Port of Colombo, to deepen it and develop a facility to allow large container ships to enter, Nikkei Asian Review reported this week without citing its sources.

Japan’s foreign ministry was not immediately available for comment. Japan has also pushed its plans to be a player in the region under its “Free and Open Indo-Pacific Strategy.”

Sri Lanka has been one of the countries drawn to China’s Belt and Road Initiative, an ambitious plan announced in 2013 by President Xi Jinping to build an estimated $1 trillion of infrastructure to support increased trade and economic ties and further China’s interests around the globe.
Construction and Development at the Port City Colombo Project


One project in the country includes Port City Colombo being built by China Communications Construction Co., or CCCC. The plan envisions a financial district -- pitched as a new hub between Singapore and Dubai -- with a marina, a hospital, shopping malls, and 21,000 apartments and homes.

State-owned CCCC, one of the world’s largest companies with annual revenue greater than Procter & Gamble Co. or FedEx Corp., says its portfolio of 700 projects in more than 100 countries outside China has a value of more than $100 billion. It is also one of the most vexed. CCCC and its subsidiaries have left a trail of controversy in many of the countries where they operate, with many of its projects criticized as debt traps.


Hambantota Port and Other Infrastructure Developments in the Southern Sri Lankan District Spurred By Chinese Investment



The nine-year-old Hambantota port in southern Sri Lanka -- with almost no container traffic and trampled fences that elephants traverse with ease -- has become a prime example of what can go wrong for countries involved in Belt and Road. Sri Lanka borrowed heavily to build the port, couldn’t repay the loans, and then gave China a 99-year lease for debt relief.
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Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei Empty Re: Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei

Post by Ethical Trader on Tue May 21, 2019 2:06 pm

Thanks. Rupee getting stronger with such projects.
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