Hambantota port development project pdf

Study on artificial island for hambantota port development project 2 basins and container terminals, an artificial island with a marine terminal and an approach bridge, was. Development project visavis the degrading economy of sri lanka. Hambantota, sri lanka every time sri lankas president, mahinda rajapaksa, turned to his chinese allies for loans and assistance with an ambitious port project, the answer was yes. Port of hambantota is currently under construction in hambantota sri lanka. Port development in sri lanka towards a maritime and. Sri lankas hambantota port and the worlds emptiest. This briefing note will discuss key infrastructure projects in the pipeline in sri lanka. Wickremesinghe said, sri lanka is willing to make joint efforts with china to push forward smooth development of the hambantota harbor project and the colombo port city project. Pdf to be a central hub for the asian region, a major port will be essential for. Strategically located major hub ports in the world.

Page of 320 uma oya multipurpose development project final report nov 2010. Multilateral development banks typically offer loans at rates closer to 2. China funds sri lanka hambantota port development project. Pdf hydraulic study of artificial island for hambantota port. Sri lankas tale of two ports european union institute for security. Hydraulic study of artificial island for hambantota port development project. How china got sri lanka to cough up a port the new york. China sri lanka strategic hambantota port deal introduction. Hambantota port development project hpdp as referred in section 1. One recent highlypublicized example is the hambantota port project in sri lanka financed by china. Recipient countries should link infrastructure projects to broader development strategies that assess. Key infrastructure projects and opportunities for foreign investment.

Hambantota is the selected site for a new international port, the port of hambantota. The project failed to generate the ship traffic and revenue necessary to cover the debt. It is scheduled to be built in three phases, with the first phase due to be completed by the end of 2010 at a. How the chinabacked hambantota port project is changing.

The hambantota project, like colombo port city, also promised ownership of land to the chinese, which led to questions of sovereignty, with some. Sri lanka is often portrayed as a country that fell into a debt trap as a result of public investment projects financed by china. China has already invested usd 2 billion on the hambantota port. Hambanthota development plan 2030 urban development authority.

Therefore, congratulations from the hambantota municipal council for the. Hambantota port deal opens up a new era for china sri. Constructing a port at hambantota has been part of sri. Along with headway being made on a prospective 15,000 acre, chinaled industrial zone near the hambantota deep sea port, the development area.