CM Port pays final $ 584 m for Hambantota Port
China Merchant Port Holdings Limited (CM Port) has released the final tranche of payment for the Hambantota Port. The move marks the single highest ever Foreign Direct Investment (FDI) received by Sri Lanka to date.
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Country news
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June 05, 2018
Sri Lankan government approves US$800 million rail PPP
The Sri Lankan Cabinet has approved the launching of tenders for the construction of new railways in the Hambantota district of the country on a build-operate-transfer (BOT) basis. The estimated project cost is US$800 million.
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December 07, 2017
Sri Lankan government announce US$8.4 million PPP
Sri Lanka's Prime Minister Ranil Wickremesinghe has announced that an industrial zone to be built in Bingiriya, in the west of Sri Lanka, will be developed through a public-private partnership.
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November 20, 2017
Sri Lanka launches RFP for desalination PPP at Hambantota
The Board of Investment of Sri Lanka (BOI) invites proposals for a Public-Private Partnership (PPP) contract under a investing, constructing and managing scheme over a period of 50 years. The scope of the project comprises a 20,000 m3 /day seawater desalination plant in Hambantota, Sri Lanka.
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August 08, 2017
China Merchant Port to invest in Port of Hambantota
China Merchants Port (CMPort) has announced that CMPort, Sri Lanka Ports Authority (SLPA), the Government of the Democratic Socialist Republic of Sri Lanka (GOSL), Hambantota International Port Group (HIPG) and Hambantota International Port Services (HIPS) have agreed on the terms of the Concession Agreement in relation to the development, management and operation of the Hambantota Port.
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July 24, 2017
Sri Lanka establishes a PPP unit
Sri Lanka's Cabinet has approved the establishment of a PPP Unit to replace the current unit within the Ministry of Finance and Mass Media.
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