Saturday, March 18, 2023

Tag Archives: Hambantota port

China to provide loan for rail track to key Hambantota port

(Reuters) – China’s Export-Import Bank will provide a loan of $278.2 million to Sri Lanka to help lay a rail track to a key port which Beijing is building that has stoked concern in neighboring India. The port of Hambantota on the southern tip of the Indian Ocean island nation is envisioned as a refueling and service point for cargo …

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