Exploring the Significance of Hambantota Port for China and Sri Lanka. The convoluted story behind the failing Port of Hambantota, erected with much ado on Sri Lanka’s southern shore, has become ...

To keep the Hambantota dream alive Sri Lanka needs help, and debt-for-equity swaps have been arranged that will see controlling interests in the country's only deep sea port and Mattala ...

At the time of entering into the lease agreement, Hambantota Port was valued at $1.4 billion and CM Port invested $1.12 billion as per the terms of the agreement.

Since the declaration of the Hambantota Port as a free port, there has been a heavy inflow of ships carrying vehicles into the Port, but lack of trained operational staff has hampered unloading and ...

According to Sri Lanka Ports Authority (SLPA), provisional data secured by Daily Mirror, the Hambantota Port (phase I) in 2016 made a revenue of US $ 11.81 million and incurred expenses of US $ 10 ...

In early 2011, I was in Hambantota, southern Sri Lanka, looking for the new port. After hours of driving, from the southern beaches through kilometres of wetlands featuring water buffalo, ibises, and ...

"I love this job," he told Xinhua in mid-December when the Hambantota Port was celebrating the second anniversary since its operations were given on a 99-year lease to the HIPG. "My aim is to go as ...

It has been revealed that the Sri Lanka Port Authority owns 15% of the total shares of Hambantota Port and the government has not received any dividend as no profit has been made in Hambantota Port so ...