Sri Lanka looks forward to further strengthening ties with China

Sri Lanka looks forward to further strengthening its ties with China this year and the government aims to attract more Chinese investments, Deputy Minister of State Enterprise Development, Eran Wickremeratne said here on Thursday.

At a media briefing held in the capital, Wickremeratne said that Chinese investments were vital for Sri Lanka and a mega 1.4 billion U.S. dollar mega Port City project funded by China Communications Construction Company Limited, which would soon resume construction in Colombo.

The project was suspended in March last year due to environmental concerns, but the suspension was lifted last month after an Environmental Impact Assesment was obtained.

He further said that following Prime Minister Ranil Wickremesinghe's official visit to China, Sri Lanka hoped to sign key MoUs with the Chinese government which would benefit the island nation.

Source: XINHUA