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» Dividend Announcements
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 10:24 pm by Rana

» In the Meantime, Within Our Shores !
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 12:40 pm by කිත්සිරි ද සිල්වා

» How does the stock market work?
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 11:07 am by කිත්සිරි ද සිල්වා

» Happy Birthday
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyYesterday at 11:06 am by කිත්සිරි ද සිල්වා

» An ex-businessman, now bankrupt,
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Feb 16, 2020 9:24 pm by Backstage

» Thread for News on CSE and SL Economy
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Feb 15, 2020 7:18 pm by NIRMALSG

» මිනිරන්වලට දසදහස් ගුණයක වටිනාකමක් ගෙන දෙන ඉෂාර නානායක්කාරගේ නවතම මෙහෙයුම
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Feb 14, 2020 8:44 pm by nihal123

» හොදට තිබුණ රටක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Feb 14, 2020 10:39 am by lanka

» SAMP.N0000 (Sampath Bank PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Feb 14, 2020 9:50 am by NIRMALSG

» Gota's Era
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Feb 13, 2020 2:21 pm by yellow knife

» Oil, Gold & Silver Prices
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Feb 13, 2020 1:50 pm by කිත්සිරි ද සිල්වා

» ආර්ථික වර්ධන වේගය – දකුණු ආසියාවේ රටවල් 8කින් ශ්‍රී ලංකාව 6 වැනි තැනට
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Feb 12, 2020 11:47 pm by nihal123

» LOLC Holdings
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Feb 12, 2020 6:19 pm by NIRMALSG

» චීනය කොරෝනා මරණ සංඛ්‍යාව ගැන සැබෑ තතු සඟවන බවට තොරතුරු හෙළිවේ
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Feb 06, 2020 8:33 pm by nihal123

» VPEL.N0000 (Vallibel Power Erathna PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Feb 06, 2020 11:29 am by කිත්සිරි ද සිල්වා

» Obituary Notice.
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Feb 06, 2020 10:47 am by කිත්සිරි ද සිල්වා

» IOC පිරවුම්හල් හිමියන් පාරට බසී. මිල සමාන කරන්නැයි ඉල්ලයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Feb 06, 2020 10:37 am by කිත්සිරි ද සිල්වා

» කොරෝනා වෛරසය හමුවේ ලෝක වෙළෙඳපොළේ තෙල් මිල සීඝ්‍රයෙන් පහළට
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Feb 05, 2020 11:15 am by nihal123

» 2013 දී ශ්‍රී ලංකන් ගුවන් සේවයේ ඉහළ නිලධාරී බිරිඳකට ඩොලර් මිලියන 2ක අල්ලසක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Feb 04, 2020 12:53 pm by කිත්සිරි ද සිල්වා

» නව කොරෝනා වෛරසයේ ආර්ථික බලපෑම්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Feb 03, 2020 11:16 pm by nihal123

» චීනයේ හුනාන් පළාතේ තවත් වයිරසයක් පැතිරයන බවට අනතුරු ඇඟවීමක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Feb 03, 2020 9:15 pm by serene

» ද ෆිනෑන්ස්, අර්ථසාධක අරමුදලේ රු. මිලියන 205 ක් ගිලියි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Feb 03, 2020 12:29 pm by nihal123

» නොතේරෙන කමට කරපු මෝඩ වැඩේ....
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Feb 03, 2020 5:13 am by Leon

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySat Feb 01, 2020 6:16 am by serene

» BPPL Holdings Limited
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Jan 31, 2020 8:41 pm by pathfinder

» මූල්‍ය සමාගම්වලින් භාගයක්ම දුවන්නේ අමාරුවෙන්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Jan 31, 2020 8:08 pm by nihal123

» EPF ආයෝජනයට සූදානම්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 30, 2020 10:13 pm by nihal123

» Man’ who gave birth in Matara hospital says he doesn’t want his baby
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 30, 2020 6:57 pm by Backstage

» ප්‍රතිපත්ති පොලී අනුපාතය අඩු කෙරේ
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 30, 2020 10:54 am by nihal123

» Sri Lanka’s EPF bought shares with no approval, no analysis
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 30, 2020 9:35 am by nihal123

» කොරෝනා නිසා ගෝලීය සමාගම් රැසකට බිලියන ගණනක් පාඩුයි
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 29, 2020 10:33 pm by nihal123

» කොටස් වෙළෙඳපොළ සක්‍රීය වෙයි. දෛනික පිරිවැටුම රු. බිලියනය ඉක්මවයි. සියලු කොටස් ඒකක 51කින් ඉහළට
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 29, 2020 10:20 pm by nihal123

» කොරොනා වෛරසයෙන් කොටස් වෙළෙඳපොළට දැඩි බලපෑම්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Jan 28, 2020 2:39 pm by lanka

» LIOC.N0000 (Lanka IOC PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Jan 27, 2020 9:48 am by LSE

» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Jan 24, 2020 7:05 am by nihal123

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyFri Jan 24, 2020 6:37 am by nihal123

» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 22, 2020 10:20 am by lanka

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyMon Jan 20, 2020 9:29 pm by nihal123

» SEYB.N0000 (Seylan Bank PLC)
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptySun Jan 12, 2020 10:06 pm by subash

» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 09, 2020 5:40 pm by subash

» Browns Investments update
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyThu Jan 09, 2020 10:42 am by The Invisible

» Tokyo Cement
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 08, 2020 10:48 pm by The Invisible

» Lanka Tiles
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 08, 2020 10:44 pm by The Invisible

» RCL - Royal Ceramics
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 08, 2020 10:39 pm by The Invisible

» AEL Access Engineering
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 08, 2020 10:30 pm by The Invisible

» Sri Lanka central bank to develop a cost-based rate to price loans
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 08, 2020 10:21 pm by The Invisible

» Dialog Finance
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyWed Jan 08, 2020 10:19 pm by The Invisible

» Tourism Sector
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Jan 07, 2020 2:05 pm by nihal123

» Expolanka
Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei EmptyTue Jan 07, 2020 1:18 am by Afourer

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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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