Sri Lanka's Prime Minister Mahinda Rajapaksa vowed to firmly support and accelerate the development of the Colombo Port City project to ensure that it will emerge as a new business hub in the island country.
Rajapaksa visited the China-aided Port City, along with Chinese Ambassador to Sri Lanka Cheng Xueyuan and other government ministers on Saturday, to officially declare the 269 hectares of land reclaimed from the sea for the project as part of the Colombo district.
"The friendship between China and Sri Lanka has a long history and is unbreakable. This is the foundation of pragmatic cooperation between the two countries and China's consistent support for Sri Lanka. We must not forget China's support for Sri Lanka's development. The new Sri Lankan government looks forward to continuing to develop friendly relations with China in the future and strengthen bilateral ties," said Rajapaksa.
A commemorative stamp and a first day cover were also issued at the grand ceremony followed by a mega fireworks display.
The prime minister pledged to accelerate the implementation of the preferential policies of the Colombo Port City at government level as early as January 2020, according to a statement by Colombo Port City following discussions with the prime minister.
Colombo Port City is Sri Lanka's largest Foreign Direct Investment project and is expected to attract billions of U.S. dollars of investments in the coming years.
It will also create over 80,000 jobs and will transform Sri Lanka into a regional business and financial hub
Source:cctvplus
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