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China boosts investment in Sri Lankan mega-project

Published Wed, Jan 3, 2018 · 09:50 PM
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Colombo

CHINA will invest US$1 billion in the construction of three 60-storey buildings at a mega-project near Sri Lanka's main port as Beijing aims to boost its influence in the Indian Ocean.

The deal follows an earlier Chinese investment of US$1.4 billion to carry out reclamation work for the wider Colombo International Financial City de…

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Sri Lanka

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