China in Sri Lanka, News, Picks
30 Mar, 2019
Prime Minister Ranil Wickremesinghe visited the Hambantota Port today and had talks with Chinese officials in the port.
He visited the port while in Hambantota on an inspection tour.
The Hambantota Port is operated by Hambantota International Port Services Company (HIPS).
HIPS retains the exclusive right to develop, operate and manage the Common User Facilities at the Hambantota Port according to a 99-year concessions agreement signed by the Government of Sri Lanka, Sri Lanka Ports Authority, and China Merchants Port Holdings Company, a Chinese state-owned enterprise, in July of 2017.
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