Belt and Road projects: Past, present, future
chinadaily.com.cn |
Updated: 2019-04-22 06:40
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Colombo Port City, Sri Lanka
The China-funded Colombo Port City, the largest project between China and Sri Lanka under the Belt and Road Initiative, completed land reclamation of 269 hectares in January.
In addition, hydro-structure construction will be completed by the middle of this year. The port city's municipal facilities construction is expected to be completed in July 2020. At the same time, investment promotion of the city is also being carried out.
The $1.4 billion project, co-developed by Sri Lanka's government and China Communication Construction Co Ltd, is expected to bring 83,000 jobs to locals in 20 years.
