Sri Lanka run up debts of US$1.3 billion to build the port. Photo: Xinhua Sri Lanka run up debts of US$1.3 billion to build the port. Photo: Xinhua
Sri Lanka run up debts of US$1.3 billion to build the port. Photo: Xinhua
Pakistan

Belt and Road Initiative: China builds US$300m factory near Sri Lanka port

  • The tyre plant will be built near the Hambantota port, which heightened concerns in the West over Beijing’s lending and influence
  • Colombo was forced to hand over the site after it became unable to service the debt on the deepwater facility

Topic |   Pakistan
Sri Lanka run up debts of US$1.3 billion to build the port. Photo: Xinhua Sri Lanka run up debts of US$1.3 billion to build the port. Photo: Xinhua
Sri Lanka run up debts of US$1.3 billion to build the port. Photo: Xinhua
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