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Sri Lanka says Chinese-funded port city project to attract $1b investment in next stage

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COLOMBO — Sri Lankan Prime Minister Ranil Wickremesinghe said the country will attract $1 billion of investment after completion of the first site of a China-funded massive port city project, state media reported Sunday.  The Colombo Port City funded by China Communication Construction Company Limited (CCCC) is estimated to cost a total of $1.4 billion with the first site for construction expected to be completed by the end of 2018. Read more

China Daily

     

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