Sri Lanka, China sign agreement to build South Asia commercial, logistics hub

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Sri Lanka, China sign agreement to build South Asia commercial, logistics hub

STORY: Sri Lanka, China sign agreement to build South Asia commercial, logistics hub DATELINE: April 23, 2023 LENGTH: 00:00:45 LOCATION: Colombo CATEGORY: ECONOMY SHOTLIST: 1. various of signing ceremony STORYLINE: Sri Lanka Ports Authority, a local civil engineering enterprise and China Merchants Port Holdings signed an agreement in Colombo on Friday to jointly build the South Asia commercial and logistics hub in Colombo Port. The project will establish a state-of-art logistics center, and help promote Colombo Port as a more prestigious and competitive port in the region, said Minister of Ports, Shipping and Aviation Nimal Siripala de Silva when attending the signing ceremony. China Merchants Group will further strengthen cooperation with local enterprises and contribute more to Sri Lanka's economic development, said Miao Jianmin, chairman of China Merchants Group. The project, with a total investment of 392 million dollars, will provide a superior logistics and warehousing facility and attrac

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  • 2023/4/23 00:00:00
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