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Sri Lanka鈥檚 port funded by Chinese goes ahead
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SRI Lanka’s new government yesterday approved a US$1.4 billion China-funded port city project, an official said.
Ending speculation, the new Cabinet allowed the project to continue after perusing an environmental assessment study done by a local university.
“We are satisfied with the Environmental Impact Assessment (EIA) done by the Moratuwa University,” Cabinet spokesman and Health Minister Rajitha Senaratne said, adding a second EIA would be needed to assess construction once reclaiming land from the sea is completed.
“There is time for that,” he said.
China Communications Construction Co subsidiary China Harbor Engineering Co is handling the construction of the port city, which was started during former President Mahinda Rajapaksa’s tenure.
New President Maithripala Sirisena, who took office last month after an election, named a 27-member Cabinet headed by Prime Minister Ranil Wickremesinghe who had earlier warned the port city would be scrapped if it failed to meet environmental standards.
The port city, sited on 233 hectares of reclaimed land along the iconic coastline of Colombo, will also have Sri Lanka’s first 100-story skyscraper under Phase II, which includes hotels, shopping malls, a golf course and an F1 track.
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