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Japan keen on China-run Hambantota Port in Sri Lanka

Sep 17, 2018 20:02 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT  - Japan’s aid agency said it is in talks with Hambantota International Port Group (HIPG), a China - Sri Lanka joint venture that operates the southern port, on the possibility of future collaboration. 

Japan International Cooperation Agency (JICA) said in a statement it initiated talks with HIPG in the wake of a visit by a Japanese delegation to the Hambantota Port.

“A delegation from JICA met with the HIPG team at the port premises early this month, for discussions investigating the possibility of future collaboration,” the statement said.

“They were given an overview of CMPort investments in Sri Lanka, in a detailed presentation outlining the global port operator’s long standing relations with the Sri Lankan government as well as the concession agreement entered into with SLPA.”

Other important matters in relation to port operations were also discussed, JICA said.

(COLOMBO, 17 September, 2018)
 


 

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