Sri Lanka Ports Authority agrees to pay US$21.9 million in compensation to China Merchants Port
Executive Intelligence Dispatch
The Sri Lanka Ports Authority (SLPA) has agreed to pay US$21.905 million to settle the investment made in a proposed South Asian Commercial and Logistics Hub project at the Port of Colombo, following the decision to abandon the project. Acc...
Key Facts & Findings
- —The Sri Lanka Ports Authority (SLPA) has agreed to pay US$21.905 million to settle the investment made in a proposed South Asian Commercial and Logistics Hub project at the Port of Colombo, following the decision to abandon the project.
- —According to a notice submitted by China Merchants Port Holdings Company (CMPort) to the Hong Kong [].
Key development for parliamentary governance, institutional integrity, and statutory policy in Sri Lanka.
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Sri Lanka Ports Authority agrees to pay US$21.9 million in compensation to China Merchants Port
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