Chinese firms eye deals in Sri Lankan presidentâ€™s hometown region
ECONOMYNEXT – Chinese companies linked to the government have offered to do projects ranging from drinking water to transport in Sri Lanka’s Polonnaruwa district, the electoral base of the island’s president, Maithripala Sirisena.
Government spokesman Health Minister Rajitha Senaratne said the cabinet of ministers had approved a proposal by President Sirisena to go ahead with the projects under a five-year plan to revive the economy of the Polonnaruwa district.
The Chinese government is willing to fund priority programs like drinking water supply, irrigation transport and agriculture, he told a news conference.
The program is to upgrade living standards of communities in Polonnaruwa and adjoining districts, he said.
The cabinet approved the proposal to appoint a negotiating committee and a technical evaluation committee to award contracts to Chinese firms.
The Chinese government has offered loans for Chinese companies which have expressed willingness to undertake projects in Polonnaruwa, according to the proposal.
Companies connected to the Chinese government are ready to do feasibility studies free of charge and implement development projects. (Colombo/January 08, 2016)