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Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 1:47 pm by Rana

» 8000 Post Club | Celebration of a Great Milestone කිත්සිරි ද සිල්වා
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 9:04 am by කිත්සිරි ද සිල්වා

» JKH - 155/00 Breakout is pending
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 21, 2019 10:19 am by nisashi

» Tokyo as at 21.08.2019 Morning
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 21, 2019 10:07 am by nisashi

» Thread for News on CSE and SL Economy
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 21, 2019 5:55 am by The Invisible

» අනං මනං! #/+?.<>
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Aug 20, 2019 8:18 pm by ruwan326

» Browns Investments update
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Aug 20, 2019 1:46 pm by The Invisible

» What Would You Do?
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 19, 2019 1:02 pm by කිත්සිරි ද සිල්වා

» Back of the Legends
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 19, 2019 10:13 am by Topcat

» Thread for News on Local and Foreign Politics
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 19, 2019 6:32 am by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Aug 18, 2019 10:33 pm by lanka

» Melstacorp (MELS)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Aug 18, 2019 8:33 pm by The Invisible

» Cargills (CARG)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Aug 18, 2019 8:26 pm by The Invisible

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Aug 18, 2019 8:18 pm by The Invisible

» SHL.N0000 (Softlogic Holdings PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Aug 18, 2019 8:14 pm by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 17, 2019 12:44 pm by nuwanmja

» Hayleys MGT
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Aug 16, 2019 8:55 pm by ruwan326

» CFVF - First Capital
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Aug 16, 2019 9:58 am by CK

» JINS.N0000 ( Janashakthi Insurance PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 14, 2019 4:57 pm by The Invisible

» Ceylinco Insurance CINS
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 14, 2019 9:18 am by The Invisible

» HNB.N0000 ( Hatton National Bank PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 14, 2019 9:15 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 14, 2019 9:11 am by The Invisible

» Tourism Sector
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 14, 2019 4:55 am by NIRMALSG

» LIOC.N0000 (Lanka IOC PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 12, 2019 2:55 pm by xmart

» HAYL.N0000 Hayleys PLC
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 12, 2019 1:43 pm by CK

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 12, 2019 1:33 pm by The Invisible

» Grain Elevators
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 12, 2019 1:31 pm by The Invisible

» Sri Lanka sets US$3.5bn tea export target for 2030
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Aug 12, 2019 1:27 pm by The Invisible

» Tea: July 2019 national average shows gains month on month
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Aug 11, 2019 9:19 pm by Topcat

» OSEA .N
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 10, 2019 6:40 pm by The Invisible

» Sri Lanka mulls reforms to punish 'errant' plantation companies
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 10, 2019 6:33 pm by The Invisible

» JKH.N0000
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 10, 2019 11:38 am by The Invisible

» HHL.N0000 ( Hemas Holdings PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 10, 2019 10:42 am by The Invisible

» Nestle NEST
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 10, 2019 10:28 am by The Invisible

» Ceylon Tobacco CTC
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Aug 10, 2019 10:26 am by The Invisible

» Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි.
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Aug 09, 2019 5:37 pm by කිත්සිරි ද සිල්වා

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Aug 09, 2019 5:07 pm by Ethical Trader

» VFIN - where the journey leads it?
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Aug 09, 2019 9:21 am by ruwan326

» UAL.N0000 ( UNION ASSURANCE PLC )
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Aug 09, 2019 9:20 am by ruwan326

» SPEN.N0000
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 10:20 pm by The Invisible

» Lanka Tiles
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 10:15 pm by The Invisible

» Expolanka
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 8:28 pm by ruwan326

» Tile - Snapshot
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 11:37 am by mymoney

» DPL.N0000 (Dankotuwa Porcelain PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 11:31 am by mymoney

» නිරුවත
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 9:36 am by කිත්සිරි ද සිල්වා

» HAYC - Haycarb
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Aug 08, 2019 7:32 am by Beta

» WATA - Watawala
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 07, 2019 12:03 pm by lanka

» Chemanex
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Aug 07, 2019 6:40 am by The Invisible

» East West properties
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Aug 06, 2019 8:17 am by slstock

» CSE Market Wrap - 02.08.2019
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Aug 06, 2019 6:59 am by pjrngroup

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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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