Furthermore the Koggala EPZ has been declared a bonded area for hub operations benefiting from access to the Southern Expressway and it is only 1 hours away from the Hambantota
Summary: New Delhi [India], Feb 27 (ANI): Sri Lankan army chief Admiral Ravindra Wijegunaratne on Tuesday clarified that the claims about the Hambantota
port in southern Sri Lanka being utilised as a foreign military base was false.
Sri Lanka is reaping early harvests from the China-proposed Belt and Road initiative, featured with the launch of operation at Hambantota
Port, one of two ports being developed by with Chinese assistance, through a joint venture between the two sides last year.
This month, Sri Lanka, unable to pay the onerous debt to China it has accumulated, formally handed over its strategically located Hambantota
port to the Asian giant.
ISLAMABAD -- Sri Lanka last week completed the formal handover of the port of Hambantota
to China on a 99-year lease.
The deal, signed in July, will see China Merchants Port Holdings, handling the Chinese-built Hambantota
port on a 99-year lease.
Mr Wickremesinghe described the occasion as 'historic', as it will help make the Hambantota
Port part of Sri Lanka's grand scheme to make the island nation the maritime hub of the Indian Ocean.
The recently signed agreement between China and Sri Lanka grants the former nearly 70% of ownership in Sri Lanka's second largest Hambantota
1 billion deal for leasing the Hambantota
port to a Chinese state-run company.
1 billion deal selling China 70 percent stake in its strategic Hambantota
The editor has organized the ten contributions that make up the main body of the text in three parts devoted to what happened and why during the tsunami, case studies focused on the Hambantota
region, and lessons learned and future directions in disaster recovery.
The ODIs are slated to begin in Dambulla on July 11, with matches also set to be played in Pallekele, Colombo and Hambantota