A Chinese company has agreed to invest US$ 1.2 billion in Sri Lanka’s Colombo Port City.
The International Financial Centre at the Colombo Port City will receive an investment from China Harbour Engineering Cooperation (CHEC), according to a statement from the Sri Lankan Embassy in China.
The investment was announced during a meeting between Sri Lanka’s Foreign Minister Ali Sabry and President Bai Yinzhan, of the China Harbour Engineering Cooperation at their head office in Beijing.
Taking to Twitter, the Sri Lanka Embassy in China said; “President Bai confirmed that CHEC will invest USD 1.2 b in the Colombo Port City, starting with the International Financial Centre.”
