Chinese global port operator China Merchant Port Holdings Limited (CM Port) has reportedly paid Sri Lanka the final tranche of US$ 584 million for its lease of the Hambantota Port in the country’s southern coast.
A mega Chinese cultural exhibition titled ‘Silk Road Memory – NICE Choice Exhibition of Chinese Creative Cultural Products
Sri Lanka’s Minister of Development Strategies and International Trade Malik Samarawickrema has reportedly said that the country is developing seafront infrastructure and regulations to promote boat building and nautical tourism.
South Korea is reportedly assisting the Sri Lankan government to develop the skills of senior government officials and scientists in science, technology and innovation (STI) policy making skills.
United Arab Emirates-based Rescom Mineral Trading FZE has reportedly won a tender from Sri Lanka’s state owned Lanka Mineral Sands Limited to purchase a consignment of 25,000 metric tonnes of ilmenite.