Sri Lanka, China open Industrial Zone Office
Sri Lanka and China jointly launched the “Sri Lanka-China Logistics and Industrial Zone Office” in Sri Lanka’s southern port of Hambantota on Saturday.
The office will overlook the operation of the 50-square-kilometer Industrial Zone officially established in January, and serve as a workplace for its Sri Lankan and Chinese staff.
Sri Lankan Prime Minister Ranil Wickremesinghe said at the launch ceremony that the office was an important milestone in the strong ties between Sri Lanka and China.
The Sri Lanka-China Logistics and Industrial Zone will transform Sri Lanka into an important trading and logistics hub and attract massive investments to the Hambantota area, the prime minister envisioned.
Sri Lanka is also willing to participate in China’s Belt and Road Initiative which will strengthen connectivity not only between China and Europe but also in entire Asia.
“This is the beginning of a new chapter in the Indian Ocean and I believe Sri Lanka will also become a transitional point for China soon,” Wickremesinghe said.
Chinese Ambassador to Sri Lanka Yi Xianliang said the opening of the office was an important step as many enterprises from China and other countries had expressed interest in investing in the zone.
China will help attract all possible industries in the zone and help Sri Lanka achieve industrialization in the future, Yi pledged.
(China.org.cn)
Latest Headlines in Sri Lanka
- Sri Lanka President reviews energy sector progress, urges accountability October 15, 2024
- Ranil Wickremesinghe to address public on October 17, 2024 October 15, 2024
- FR petition filed in Supreme Court seeking re-examination of 2024 Grade 5 scholarship exam October 15, 2024
- Sri Lanka seeks to recover Rs. 3.5 Billion in VAT from imprisoned Arjun Aloysius October 15, 2024
- Sri Lanka’s passport crisis set to end Monday October 15, 2024
There is something fishy here.
It appears while the green Yahapalana are dreaming of the Chinese to sign the agreement, the blue Yahapalana are yet to do so.
The blue Yahapalana appears to be likely to claim as saviours of the nation at the next elections whicle accusing the green Yahapalans as traitors.
this is the best thing that could happen to sri lanka and it is a pity that most of us will live long enough to see the outcome of the multi billion dollar project to come. This however is dependent on the cooperation that the ranil and sirisena will give as opposed try to go into geoplotic by trying to get inyo unholy alloances the wes the indians etc.
meanwhile the government ought to look into trengthening the ryral economy ir develop agriculyure to meet the national demand.
Also improve our Country’s economy as you do not appear to trust our Engineers obtain the advise of Chinese Engineers to get investors to our country because of our President the moment he became President made a declaration about climate change to please the west he did this twice one of them recently when our per capita carbon emissions were one of the lowest in the world of 0.67 while the per capita carbon emission of 0.61 metric tons per year is very low compare it with Malaysia a developing Country (6.7) and the US a developed Country (19.78), is 10 times and 30 times more respectively and as such there should not be any concern regarding carbon emissions these are supported by the per capita carbon emission per year statistics from the internet .and also it can be stated from the data from internet it can be computed that even if we have 10 coal power stations the size of Norochoholai producing a total of 70 billion units per year, our per capita carbon emission per year will not exceed 70×109/21×106= 3040 Kg=3.04 metric tons assuming a population of 21 million and 1000Kg= a metric ton, as such there is no threat of carbon emission to our country by planning for accelerated coal power projects as many as required for our country. The President’s statement contravenes article 3,4,12, 27 and 33 (f) of our constitution and as such direct foreign investors are avoiding us like a plague and also his reliance on solar power can be established has the biggest fraud committed in our country’s history which also has destabilized our country’s economy.
Of course, we will be better off relying on Chinese Engineers rather than ‘Cram the Book’ and ‘Earn Komis at Work’ engineers we have produced with free education funded by taxpayer.