China Merchant Port Holding Company (CMPH), which already has a dominant presence in Sri Lankan harbors, will be setting up a warehousing hub in Colombo port.
China Merchants Group investment in Sri Lanka reaches USD 2 Billion | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Chairman of the China Merchants Group (CMG), Miao Jianmin, has declared that their investments here would reach nearly USD 2 bn. CMG is China’s largest diversified conglomerate, according to a statement issued by the Hambantota International Port Group that dealt with Miao Jianmin’s recent visit. The statement quoted Jianmin’s as having said that the Group’s […]
The Chairman of the
China Merchants Group (CMG), China’s largest diversified conglomerate, who was
on a visit to Sri Lanka says the Group’s latest investment plans will up its
accumulated investments in the island to reach nearly 2 billion US
Dollars.
Chairman Miao Jianmin, who is on his first
By R. R. M. Lilani
After pledging to renegotiate its debt to Sri Lanka, China is back on track. Besides, since Sri Lanka urgently needs China to restructure its USD 7 billion debt to the country, Sri Lanka has vowed to support the dragon at this juncture by conceding to its demands. High-ranking